(c) The predictors that were found to have significant coefficients from the t tests are the same ones that are significant from using the p-values.- ○ True- ○ False(d) When checking for significance, most prefer the p-value approach because- ○ The p-value actually tells the strength of the significance.- ○ It is easier than looking up a critical value for the t statistic. **Salaries for 39 Engineers Employed by the Solnar Company**The spreadsheet provides a detailed dataset of salaries for engineers employed by the Solnar Company. The data includes the following columns:- **Salary ($1000):** Represents the annual salary in thousands of dollars.- **Years:** The number of years of experience each engineer has.- **YearsSq:** The square of the years of experience, showing the quadratic impact of experience.- **Male:** A binary variable where 1 indicates the engineer is male, and 0 indicates otherwise.- **Years x Male:** An interaction term calculated by multiplying the 'Years' of experience by the 'Male' variable to see how experience affects salary differently for males.Here is an example of the data entries: 1. An engineer with a salary of $48,000 has 1 year of experience.2. An engineer with a salary of $102,000 has 13 years of experience, and is male.The dataset includes varying levels of experience, from 1 year to 35 years, and provides insights into how experience and gender interact to influence salary.**Additional Information:**- The dataset is copyrighted by The McGraw-Hill Companies, intended solely for educational purposes by licensed users.- The note specifies: "The binary variable Male is 1 if the engineer is male, 0 otherwise."This analysis can aid in understanding the salary distribution and the effect of gender and experience within the company.

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Answered: (c) The predictors that were found to…

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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