To Examine the Differences Between Salaries of Male and Female

question 63

Multiple Choice

To examine the differences between salaries of male and female middle managers of a large bank,90 individuals were randomly selected,and two models were created with 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.
Excel partial outputs corresponding to these models are available and shown below.
Model A: Salary = β₀ + β₁Educ + β₂Exper + β₃Train + β₄Gender + ε Model B: Salary = β₀ + β₁Educ + β₂Exper + β₃Gender + ε Using Model B,what is the regression equation found by Excel for males?

• A) = 4,713.2506 + 139.5366Educ + 3.3488Exper + 609.2505Gender
• B) = 5,322.5011 + 139.5366Educ + 3.3488Exper
• C) = 4,713.2506 + 139.5366Educ + 3.3488Exper

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Definitions:

Card Players

Individuals who participate in card games, which can range from casual, informal games to professional, competitive gaming.

Skill and Luck

Factors contributing to success, where skill involves abilities and training while luck pertains to chance or fortuitous events.

Learned Helplessness

A condition where an individual becomes passive and unable to act to control or change a harmful or stressful situation, often as a result of repeated failures or a sense of powerlessness.

Physical Abuse

Harm or injury deliberately inflicted on a person's body, including hitting, beating, burning, or assaulting.