a. Estimate: Wage Po+ A1Educ + B₂Exper+B3Age + B4Male + z. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. Wage 8.68 + 50-year-old male 50-year-old female $ $ 1.23 Educ Wage b. Predict the hourly wage of a 50-year-old male and female employee with 10 years of higher education and 9 years of experience. Note: Round final answers to 2 decimal places. 0.42 Exper+ 24.59 per hour 22.31 per hour 0.02 Age + 2.29 Male

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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$4
A
Wagel
37.59
21.94
14.13
21.66
25.01
25.76
15.12
20.75
28.89
27.19
18.11
19.97
24.25
16.83
15.83
35.43
40.38
20.56
16.96
16.73
22.89
19.95
15.2
13.83
17.77
15.38
26.16
18.77
16.39
18.36
15.55
18.52
13.71
17.97
16.81
14.78
15.49
17.9
35.83
19.92
12.06
15.87
17.71
13.43
16.19
15.48
23.28
15.89
23.6
24.35
B
Educ
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8
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SECARA SAMAR
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Male
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Transcribed Image Text:1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 4444440603 45 47 48 49 50 51 52 53 $4 A Wagel 37.59 21.94 14.13 21.66 25.01 25.76 15.12 20.75 28.89 27.19 18.11 19.97 24.25 16.83 15.83 35.43 40.38 20.56 16.96 16.73 22.89 19.95 15.2 13.83 17.77 15.38 26.16 18.77 16.39 18.36 15.55 18.52 13.71 17.97 16.81 14.78 15.49 17.9 35.83 19.92 12.06 15.87 17.71 13.43 16.19 15.48 23.28 15.89 23.6 24.35 B Educ 10 10 2 2 8 11 11 2 5 3 7 7 10 11 8 7 1 4 1 2 8 2 11 11 11 8 4 2 3 8 9 7 6 3 2 10 9 4 1 1 4 8 1 4 2 9 7 4 8 2 C Exper 5 2 14 21 1 5 14 2 9 18 1 1 19 11 14 10 19 16 9 1 5 13 18 7 14 22 20 17 23 19 3 13 7 SECARA SAMAR 18 17 13 21 8 23 17 15 21 13 11 2 2 10 D Age 49 24 36 60 54 54 60 59 43 52 63 58 58 57 51 31 55 59 25 31 53 33 53 36 33 27 53 54 58 49 67 63 30 32 2853830 36 31 60 45 63 64 53 37 45 23 55 37 28 34 E - Male 0 0 1 1 0 0 1 0 0 0 0 1 1 0 0 1 0 1 1 0 1 0 1 1 0 0 1 1 ¹ 1 0 1 1 0 0 0 0 1 1 0 1 1 0 0 1 1 0 1 1 1
A researcher wonders whether males get paid more, on average, than females at a large firm. The accompanying data file shows
the hourly wage (Wage in $), years of higher education (Educ), years of experience (Exper), age (Age), and a Male dummy variable
that equals 1 if male, 0 otherwise, for 50 employees.
Click here for the Excel Data File
a. Estimate: Wage Bo + B₁Educ + B₂Exper+ B3Age + B4Male + z.
Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.
Wage=
8.68 +
50-year-old male
50-year-old female
$
$
1.23 Educ+
Wage
b. Predict the hourly wage of a 50-year-old male and female employee with 10 years of higher education and 9 years of
experience.
Note: Round final answers to 2 decimal places.
0.42 Exper+
24.59 per hour
22.31 per hour
0.02 Age +
2.29 Male
Transcribed Image Text:A researcher wonders whether males get paid more, on average, than females at a large firm. The accompanying data file shows the hourly wage (Wage in $), years of higher education (Educ), years of experience (Exper), age (Age), and a Male dummy variable that equals 1 if male, 0 otherwise, for 50 employees. Click here for the Excel Data File a. Estimate: Wage Bo + B₁Educ + B₂Exper+ B3Age + B4Male + z. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. Wage= 8.68 + 50-year-old male 50-year-old female $ $ 1.23 Educ+ Wage b. Predict the hourly wage of a 50-year-old male and female employee with 10 years of higher education and 9 years of experience. Note: Round final answers to 2 decimal places. 0.42 Exper+ 24.59 per hour 22.31 per hour 0.02 Age + 2.29 Male
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