Exhibit 17

question 80

Multiple Choice

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 Model B: Salary = β₀ + β₁Educ + β₂Exper + β₃Gender + ε Refer to Exhibit 17.2.Using Model B,what is the regression equation found by Excel for females?

• A) = 4713.2506 + 139.5366Educ + 3.3488Exper + 609.2505Gender
• B) = 5322.5011 + 139.5366Educ + 3.3488Expe
• C) = 4713.2506 + 139.5366Educ + 3.3488Expe

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Definitions:

Production Rates

The speed at which goods are manufactured or services are provided in a specified period.

Global Labor Market

The international marketplace where labor demand and supply interact, affecting employment and wages worldwide.

Work Force

The total number of a country's or organization's employees, including both the employed and those seeking employment.

Educated Students

Individuals who have acquired knowledge, skills, and critical thinking through formal education.