Based on a Sample of the Salaries of Professors at a Major

question 31

Multiple Choice

Based on a sample of the salaries of professors at a major university,you have performed a multiple linear regression relating salary to years of service and gender.The data included information on the following variables. The estimated multiple linear regression model is Salary = 45 + 3(Years) + 4(Gender) + 1(Years) (Gender) .
Using the multiple linear regression equation,what would you estimate the average salary of male professors with 3 years of experience to be?

• A)$53,000
• B)$54,000
• C)$58,000
• D)$61,000

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