To Examine the Differences Between Salaries of Male and Female

question 66

Multiple Choice

To examine the differences between salaries of male and female middle managers of a large bank, 90 individuals were randomly selected, and two models were created with the following variables considered: Salary = the monthly salary (excluding fringe benefits and bonuses) ,
Educ = the number of years of education,
Exper = the number of months of experience,
Train = the number of weeks of training,
Gender = the gender of an individual; 1 for males, and 0 for females.
Excel partial outputs corresponding to these models are available and shown below.
Model A: Salary = β₀ + β₁Educ + β₂Exper + β₃Train + β₄Gender + ε Model B: Salary = β₀ + β₁Educ + β₂Exper + β₃Gender + ε Using Model B, what is the regression equation found by Excel for females?

• A) = 4,713.26 + 139.5366Educ + 3.3488Exper + 609.25Gender
• B) = 5,322.51 + 139.5366Educ + 3.3488Exper
• C) = 4,713.26 + 139.5366Educ + 3.3488Exper
• D) = 4,663.31 + 140.6634Educ + 3.3566Exper

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Definitions:

Selective Expectation

The psychological phenomenon where individuals perceive and interpret information based on their preconceptions, leading to a biased view of outcomes.

Productivity Suffers

A situation where the efficiency or output of work decreases due to various factors.

Emotional Interference

The impact of one's emotions on their cognitive processes, potentially hindering decision-making or problem-solving abilities.

Selective Perception

The process by which individuals perceive what they want in media messages while ignoring opposing viewpoints.