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:

Australopithecines

A group of extinct hominids that lived in Africa from about 4 to 2 million years ago, known for walking upright and for being possible ancestors of modern humans.

Body Size

The physical dimensions, volume, or mass of an organism, which can have various effects on its biology and behavior.

Musculature

The system or arrangement of muscles in the body of an organism, crucial for movement and physical activities.

Brain Size

A measure of the volume or mass of the brain, often related to body size, which varies significantly among different species and can correlate with cognitive abilities.