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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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