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Exhibit 17

question 92

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Exhibit 17.2.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,
Train = the number of weeks of training,
Gender = the gender of an individual;1 for males,and 0 for females.
Also,the following Excel partial outputs corresponding to the following models are available:
Model A: Salary = β0 + β1Educ + β2Exper + β3Train + β4Gender + ε Exhibit 17.2.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, Train = the number of weeks of training, Gender = the gender of an individual;1 for males,and 0 for females. Also,the following Excel partial outputs corresponding to the following models are available: 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   Refer to Exhibit 17.2.Using Model A,what is the estimated average difference between the salaries of male and female employees with the same years of education,months of experience,and weeks of training? A) About $(4663 + 141 + 3 + 1 + 615) = $5423 B) About $(3 + 1 + 615) = $619 C) About $(4663 + 615) = $5278 D) About $615 Model B: Salary = β0 + β1Educ + β2Exper + β3Gender + ε Exhibit 17.2.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, Train = the number of weeks of training, Gender = the gender of an individual;1 for males,and 0 for females. Also,the following Excel partial outputs corresponding to the following models are available: 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   Refer to Exhibit 17.2.Using Model A,what is the estimated average difference between the salaries of male and female employees with the same years of education,months of experience,and weeks of training? A) About $(4663 + 141 + 3 + 1 + 615) = $5423 B) About $(3 + 1 + 615) = $619 C) About $(4663 + 615) = $5278 D) About $615 Refer to Exhibit 17.2.Using Model A,what is the estimated average difference between the salaries of male and female employees with the same years of education,months of experience,and weeks of training?


Definitions:

Ultradian Rhythms

Biological rhythms with a cycle shorter than 24 hours, such as the stages of sleep.

Infradian Rhythms

Biological rhythms with cycles longer than 24 hours, such as monthly cycles like menstruation, or yearly cycles like seasonal affective disorder.

Period

Time required to complete an activity cycle.

Biological Rhythm

The natural cycles of change in our bodies' processes and behaviors, including sleep-wake cycles and hormonal changes, following a regular, predictable pattern.

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