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1. You have a dataset with a variable, Job Title, describing the job title of the people in the sample. The job titles are: professor,
1. You have a dataset with a variable, Job Title, describing the job title of the people in the sample. The job titles are: professor, hair stylist, influencer, business analyst, engineer, computer scientist, K-12
teacher, sales associate, investment banker, and baker. How many dummy variables do you need to create in order to analyze the effect of job title on salary?
a 9
b 10
c 0
d 2
2. Which of the following is an example of survivorship bias?
O All of these.
O None of these.
O Conducting a survey of recent college graduates on their job interview experiences.
O Surveying people recently hired for a job to hear their advice for interviewing for that job.
O Conducting an experiment on interview techniques.
3. What is the lowest value a p-value can be in order to be statistically significant at the 5% level?
O 0.05
O 0.0499
O 0.09
O 0.50
O 0.051
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