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:

Private Thoughts

Internal, personal reflections or considerations not shared with others, often encompassing one’s inner desires, opinions, or plans.

Nonverbal Cues

Signals that communicate thoughts or feelings without words, such as facial expressions, body posture, and gestures.

Conflict

A communication process in which people perceive incompatible goals and interference from others in achieving their goals.

Social Gathering

An event where people come together for purposes of socializing, community, or entertainment.