To Examine the Differences Between Salaries of Male and Female

question 105

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 females?

• 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:

Expertise

The extensive knowledge or skill in a specific field or area, often acquired through experience or education.

Persuasive

Having the power to convince or influence someone to do or believe something through reasoning or the use of emotion.

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.

Smoking

The act of inhaling and exhaling the smoke of tobacco or a drug.