Based on a sample of the salaries of professors at a major university,you have performed a multiple linear regression relating salary to years of service and gender.The data included information on the following variables. The estimated multiple linear regression model is Salary = 45 + 3(Years)+ 4(Gender)+ 1(Years)(Gender).
Using the multiple linear regression equation,what would you estimate the average salary of male professors with 3 years of experience to be?
A)$53,000
B)$54,000
C)$58,000
D)$61,000

Question

Based on a sample of the salaries of professors at a major university,you have performed a multiple linear regression relating salary to years of service and gender.The data included information on the following variables.  The estimated multiple linear regression model is Salary = 45 + 3(Years)+ 4(Gender)+ 1(Years)(Gender).
Using the multiple linear regression equation,what would you estimate the average salary of male professors with 3 years of experience to be?
A)$53,000 
B)$54,000 
C)$58,000 
D)$61,000

Quizplus · Accepted Answer

The Answer of Based on a sample of the salaries of professors at a major university,you have performed a multiple linear regression relating salary to years of service and gender.The data included information on the following variables.  The estimated multiple linear regression model is Salary = 45 + 3(Years)+ 4(Gender)+ 1(Years)(Gender).
Using the multiple linear regression equation,what would you estimate the average salary of male professors with 3 years of experience to be?
A)$53,000 
B)$54,000 
C)$58,000 
D)$61,000

Based on a Sample of the Salaries of Professors at a Major