Examlex

Solved

To Examine the Differences Between Salaries of Male and Female

question 8

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 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 = β<sub>0</sub> + β<sub>1</sub>Educ + β<sub>2</sub>Exper + β<sub>3</sub>Train + β<sub>4</sub>Gender + ε   Model B: Salary = β<sub>0</sub> + β<sub>1</sub>Educ + β<sub>2</sub>Exper + β<sub>3</sub>Gender + ε   Assuming the same years of education and months of experience, what is the p-value for testing whether the mean salary of males is greater than the mean salary of females using Model B? A)  At least 0.025 B)  Less than 0.025 but at least 0.01 C)  Less than 0.01 but at least 0.005 D)  Less than 0.005 Model B: Salary = β0 + β1Educ + β2Exper + β3Gender + ε 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 = β<sub>0</sub> + β<sub>1</sub>Educ + β<sub>2</sub>Exper + β<sub>3</sub>Train + β<sub>4</sub>Gender + ε   Model B: Salary = β<sub>0</sub> + β<sub>1</sub>Educ + β<sub>2</sub>Exper + β<sub>3</sub>Gender + ε   Assuming the same years of education and months of experience, what is the p-value for testing whether the mean salary of males is greater than the mean salary of females using Model B? A)  At least 0.025 B)  Less than 0.025 but at least 0.01 C)  Less than 0.01 but at least 0.005 D)  Less than 0.005 Assuming the same years of education and months of experience, what is the p-value for testing whether the mean salary of males is greater than the mean salary of females using Model B?


Definitions:

Neurotransmitter

Chemical substances that transmit signals across a synapse from one neuron to another neuron, muscle cell, or gland cell.

Neurons Sensitivity

The capacity of neurons to respond to stimuli or changes in the environment, affecting how signals are transmitted through the nervous system.

Receptor Molecules

Molecules, usually found on cell surfaces, that recognize and bind to specific substances, triggering a response.

Neurotransmitter

A chemical substance that is released at the end of a nerve fiber by the arrival of a nerve impulse and, by diffusing across the synapse, causes the transfer of the impulse to another nerve fiber, a muscle fiber, or some other structure.

Related Questions