Suppose the following table was generated from the sample data of 2020 employees relating annual salary to years of education and gender. According to the results, is there a salary difference between men and women at the 0.010.01 level of significance? If yes, write the difference in salary in the space provided, rounded to two decimal places. Else, select "There is not enough evidence." CoefficientsStandard Errort StatP-ValueIntercept−10500.332333−10500.3323333906.2088283906.208828−2.688113−2.6881130.0155560.015556Education3744.5921783744.592178241.506201241.50620115.50516015.5051600.0000000.000000Female (1 if female, 0 if male)3713.9026593713.9026591211.1481821211.1481823.0664313.0664310.0069890.006989Selecting a radio button will replace the entered answer value(s) with the radio button value. If the radio button is not selected, the entered answer is used.

Name: Suppose the following table was generated from the sample data of 2020
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Description: Suppose the following table was generated from the sample data of 2020 employees relating annual salary to years of education and gender. According to the results, is there a salary difference between men and women at the 0.010.01 level of significan

Hypothesis: The null and alternate hypotheses are below: H0:There is no difference in the salary between men and women. H1:There is difference in the salary between men and women. From the given data, The p value for female is 0.006989. Decision Rule: If the p value less than significance value α, then reject null hypothesis. Otherwise fail to reject null hypothesis.Conclusion: The p value is 0.006989 and significance level is 0.010. Here, p value< significance level. Thus, the null hypothesis gets rejected. Therefore , it is concluded that there is difference in salary between men and women. Thus, the difference in salary is 1211.15

Answered: Suppose the following table was…

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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Suppose the following table was generated from the sample data of 2020 employees relating annual salary to years of education and gender. According to the results, is there a salary difference between men and women at the 0.010.01 level of significance? If yes, write the difference in salary in the space provided, rounded to two decimal places. Else, select "There is not enough evidence."

	Coefficients	Standard Error	t Stat	P-Value
Intercept	−10500.332333−10500.332333	3906.2088283906.208828	−2.688113−2.688113	0.0155560.015556
Education	3744.5921783744.592178	241.506201241.506201	15.50516015.505160	0.0000000.000000
Female (1 if female, 0 if male)	3713.9026593713.902659	1211.1481821211.148182	3.0664313.066431	0.0069890.006989

Selecting a radio button will replace the entered answer value(s) with the radio button value. If the radio button is not selected, the entered answer is used.

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