Examine the effect of gender on annual salary, controlling for age and experience factors using the attached data below: 1. Report the regression equation and assess the significance and fit of the estimated model: report and interpret the p-value of F-test, the coefficient of determination (R-squared), and the standard error of estimate. 2. Which explanatory variables are statistically significant at 5% level? 3. Interpret the slope coefficient for variables “age” and “experience”. 4. Interpret the slope coefficient of a dummy variable you choose for gender. Explain how this supports or rejects the findings you have established in the previous problem sets regarding the possible gender discrimination
Examine the effect of gender on annual salary, controlling for age and experience factors using the attached data below:
1. Report the regression equation and assess the significance and fit of the estimated model: report and interpret the p-value of F-test, the coefficient of determination (R-squared), and the standard error of estimate.
2. Which explanatory variables are statistically significant at 5% level?
3. Interpret the slope coefficient for variables “age” and “experience”.
4. Interpret the slope coefficient of a dummy variable you choose for gender. Explain how this supports or rejects the findings you have established in the previous problem sets regarding the possible gender discrimination
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