The Manager of a Human Resources Department Wishes to Predict

question 15

Multiple Choice

The manager of a human resources department wishes to predict the salary of an employee based on years of experience,x,and gender,g.(g = 1 for a male employee and 0 for a female employee) .A random sample of 50 employees results in the following least-squares regression equation:
= 40,000 + 2,500 x + 1,500 g +1,000 xg.Interpret the value of the coefficient of the interaction term xg.

• A)We predict that the growth rate of a male employee's salary will be $1,000 per year higher than that of a female employee.
• B)We predict that a man with 0 years of experience will make $1,000 more than a woman with 0 years of experience.
• C)We predict that the growth rate of a male employee's salary will be $1,000 per year.
• D)We predict that a woman with 0 years of experience will make $1,000 more than a man with 0 years of experience.
• E)We predict that the growth rate of a female employee's salary will be $1,000 per year.

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Definitions:

Social Reality

The shared beliefs, practices, norms, and values that are constructed by society and perceived as real and valid by its members.

Social Comparison Theory

A theory suggesting individuals determine their own social and personal worth based on how they stack up against others.

Self Identification

The process by which an individual identifies or categorizes themselves in terms of particular groups or affiliations, such as cultural, gender, or professional identity.

Information And Evaluation

This involves the process of gathering data and assessing its relevance and quality to inform decision-making.