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A researcher wonders whether males get paid more, on average, than females at a large firm. She interviews 50 employees and collects data on each

A researcher wonders whether males get paid more, on average, than females at a large firm. She interviews 50 employees and collects data on each employee's hourly wage (Wage in $), years of higher education (EDUC), years of experience (EXPER), age (Age), and a Male dummy variable that equals 1 if male, 0 otherwise. A portion of the data is shown in the accompanying table.

Estimate: Wage = 0 + 1EDUC + 2EXPER + 3Age + 4Male +

Wage EDUC EXPER Age Male
33.22 2 2 40 1
25.58 6 1 39 0
15.9 11 2 38 0
20.36 5 9 53 1
29.5 3 15 59 1
29.82 3 12 36 1
11.74 7 5 45 0
24.14 5 12 37 0
25.27 4 14 37 1
25.49 4 3 43 1
21.82 1 5 32 0
16.58 10 18 40 1
25.73 5 1 49 1
17.91 7 10 43 0
16.69 3 9 31 0
35.35 8 22 45 0
39.12 10 3 31 1
23.96 4 14 55 0
15.05 9 5 30 1
14.73 6 3 28 0
24.87 9 15 60 1
22.96 3 13 32 0
18.55 7 9 58 1
18.34 7 4 28 0
16.47 3 5 40 1
19.86 11 2 37 0
25.83 1 18 52 1
23.12 7 4 44 0
21.35 6 4 57 0
20.62 3 3 30 1
18.23 6 8 43 0
21.7 2 6 31 1
8.44 2 3 33 0
16.2 3 23 51 1
21.01 8 15 37 0
16.5 3 9 45 0
12.15 11 3 55 0
20.25 5 14 57 0
37.65 2 16 36 1
24.98 4 20 60 1
15.76 5 5 35 0
18.61 11 10 34 0
21.44 2 4 28 1
9.15 10 1 25 0
17.65 5 10 43 1
13.2 11 2 42 1
21.19 3 17 47 0
20.17 8 2 46 1
21.1 11 15 52 0
25.71 8 11 64 0

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