a. Mean salary of females assuming zero years of experience (5%) b. Mean salary of Males assuming three years of experience (5%)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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5. Suppose the study conducted showing gender difference in salary of management
graduates students
Y=25.20 + 8.25D + 1.25X
t (32.85) (10.45) (15.11)
Where Y is income in thousands
Find,
D is a dummy variable taking on the value of 1 if male 0 for female
X = years of experience
a. Mean salary of females assuming zero years of experience (5%)
b. Mean salary of Males assuming three years of experience (5%)
Thi
Transcribed Image Text:5. Suppose the study conducted showing gender difference in salary of management graduates students Y=25.20 + 8.25D + 1.25X t (32.85) (10.45) (15.11) Where Y is income in thousands Find, D is a dummy variable taking on the value of 1 if male 0 for female X = years of experience a. Mean salary of females assuming zero years of experience (5%) b. Mean salary of Males assuming three years of experience (5%) Thi
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