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The Manager of a Human Resources Department Wishes to Predict  Salary =40,000+2,500x+1,500 g+1,000xg\text { Salary } = 40,000 + 2,500 \mathrm { x } + 1,500 \mathrm {~g} + 1,000 \mathrm { xg }

question 16

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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:  Salary =40,000+2,500x+1,500 g+1,000xg\text { Salary } = 40,000 + 2,500 \mathrm { x } + 1,500 \mathrm {~g} + 1,000 \mathrm { xg } What is the least-squares regression line for predicting the salary of male employees?


Definitions:

Square Footage

Square Footage is the measurement of area expressed in square feet, commonly used to determine the size of a room or overall space.

Salaries

Payments made to employees, typically on a regular basis, for performing their job duties.

Administrative Department

A division within a company or organization that focuses on tasks related to the management and running of the organization, such as human resources, finance, and operations.

Occupied Space

Occupied space refers to the area within a property or facility that is currently being used or rented out, as opposed to areas that are vacant or unused.

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