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Females,on average,are shorter and weigh less than males.One of your friends,who is a pre-med student,tells you that in addition,females will weigh less for a given height.To test this hypothesis,you collect height and weight of 29 female and 81 male students at your university.A regression of the weight on a constant,height,and a binary variable,which takes a value of one for females and is zero otherwise,yields the following result: = -229.21 - 6.36 × Female + 5.58 × Height,R2=0.50,SER = 20.99
(43.39)(5.74)(0.62)
where Studentw is weight measured in pounds and Height is measured in inches (heteroskedasticity-robust standard errors in parentheses).
Calculate t-statistics and carry out the hypothesis test that females weigh the same as males,on average,for a given height,using a 10% significance level.What is the alternative hypothesis? What is the p-value? What critical value did you use?
Bandwagon Fallacy
A logical fallacy that suggests something is true or good solely because it is popular or everyone else is doing it.
False Analogy
A logical fallacy in which two objects or events being compared are relevantly dissimilar in the context of the argument made.
Ethical Decision Making
The method of assessing and selecting between options in a way that aligns with ethical standards.
Selfish Interest
Selfish interest denotes pursuing actions or decisions that benefit oneself without regard for how they affect others, often at the expense of communal or collective well-being.
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