Suppose the following table was generated from a sample of 20 CEOs relating annual salary to years of experience and the industry in which they are employed. Indicator (dummy) variables were created for each industry (1 if the CEO works in that industry, 0 otherwise). The Health Care industry is considered the base-level industry. Intercept Experience Coefficients 146973.341824 3047.499671 Financial 10129.999675 5705.697881 Manufacturing -27596.394753 6170.617456 19573.585110 6310.574394 Service P-Value t Stat 23.951212 0.000000 6136.363325 246.109069 12.382720 0.000000 1.775418 0.096116 - 4.472226 0.000447 3.101712 0.007292 Answer How to enter your answer (opens in new window) Standard Error $| According to the results, if a CEO in the Health Care industry and a CEO in the Manufacturing industry both have 19 years of experience, what is the estimated difference in annual salary between the two CEOS? Enter your answer below, rounded to two decimal places. Copy Data Tables Keypad Keyboard Shortcuts

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