Exhibit 17

question 8

Essay

Exhibit 17.7.To examine the differences between salaries of male and female middle managers of a large bank,90 individuals were randomly selected and 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,
Gender = the gender of an individual;1 for males,and 0 for females.
The regression results for the models,
Model A: Salary = β₀ + β₁Educ + β₂Exper + β₃Gender + β₄Exper × Gender + ε,
Model B: Salary = β₀ + β₁Educ + β₂Exper + ε,are summarized below.

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Definitions:

Clear Standards

Explicit, defined criteria or benchmarks that must be met or followed in various contexts such as quality, performance, or behavior.

Cultural Intelligence

The capability to relate and work effectively across cultures, involving understanding, respecting, and adapting to cultural differences.

High-context Cultures

Cultures in which communication relies heavily on the context and non-verbal cues rather than the explicit words used.

Cultural Missteps

Actions or behaviors that are inappropriate or offensive in a cultural context, often due to a lack of understanding.