Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How to explain detail the output result base on the dependent variable is Total salary & wages received in reference month related to wage differential

image text in transcribed

How to explain detail the output result base on the dependent variable is Total salary & wages received in reference month related to wage differential and factor age, year

Total salary & wages = 458.39 Age + 790.21 Mixed Model Analysis Warnings The final Hessian matrix is not positive definite although all convergence criteria are satisfied. The MIXED procedure continues despite this warning. Validity of subsequent results cannot be ascertained. Model Dimension 1 1 1 4 Number of Covariance Number of Subject Levels Structure Parameters Variables Fixed Effects Intercept Age Random Effects Intercept + Age 2 Variance 2 Industry Components Residual Total a. Dependent Variable: Total salary & wages received in reference month. b. As of version 11.5, the syntax rules for the RANDOM subcommand have changed. Your command syntax may yield results that differ from those produced by prior versions. If you are using version 11 syntax, please consult the current syntax reference guide for more information. Information Criteriaa -2 Log Likelihood 1293909.174 Akaike's Information 1293919.174 Criterion (AIC) Hucvich and Tsai's Criterion 1293919.174 (AICC) Bozdogan's Criterion 1293969.909 (CAIC) Schwarz's Bayesian 1293964.909 Criterion (BIC) The information criteria are displayed in smaller-is-better form. a. Dependent Variable: Total salary & wages received in reference month. Mixed Model Analysis Warnings The final Hessian matrix is not positive definite although all convergence criteria are satisfied. The MIXED procedure continues despite this warning. Validity of subsequent results cannot be ascertained. Model Dimension 1 1 1 4 Number of Covariance Number of Subject Levels Structure Parameters Variables Fixed Effects Intercept Age Random Effects Intercept + Age 2 Variance 2 Industry Components Residual Total a. Dependent Variable: Total salary & wages received in reference month. b. As of version 11.5, the syntax rules for the RANDOM subcommand have changed. Your command syntax may yield results that differ from those produced by prior versions. If you are using version 11 syntax, please consult the current syntax reference guide for more information. Information Criteriaa -2 Log Likelihood 1293909.174 Akaike's Information 1293919.174 Criterion (AIC) Hucvich and Tsai's Criterion 1293919.174 (AICC) Bozdogan's Criterion 1293969.909 (CAIC) Schwarz's Bayesian 1293964.909 Criterion (BIC) The information criteria are displayed in smaller-is-better form. a. Dependent Variable: Total salary & wages received in reference month

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting The Cornerstone Of Business Decision Making

Authors: Jay S Rich, Jeff Jones, Linda Ann Myers

5th Edition

0357132696, 978-0357132692

More Books

Students also viewed these Accounting questions

Question

9. Describe the characteristics of power.

Answered: 1 week ago

Question

10. Describe the relationship between communication and power.

Answered: 1 week ago