Question
QUESTION #2 The set of data below shows a random sample of 14 systems analysts who were surveyed in 1978. Years of SampledYears inPost-secondaryAnnual Pay
QUESTION #2
The set of data below shows a random sample of 14 systems analysts who were surveyed in 1978.
Years of
SampledYears inPost-secondaryAnnual Pay
PersonExperienceEducationGenderin $1,000s
A5.54.0F29.9
B9.04.0M35.5
C4.05.0F33.9
D8.04.0M34.0
E9.55.0M32.5
F3.04.0F30.5
G7.03.0F31.0
H1.54.5F27.7
I8.55.0M40.0
J7.56.0F35.0
K9.52.0M31.0
L6.02.0F28.6
M2.54.0M30.0
N1.54.5M27.5
A MULTIPLE REGRESSION WAS RUN.Note that Male/Female - the gender variable was given dummy symbols as Female = 1 and Male = 0, or vice-versa.
MULTIPLE REGRESSION ANALYSIS
The set of data above shows a random sample of 14 systems analysts who were surveyed in 1978.
Years of
SampledYears inPost-secondaryAnnual Pay
PersonExperienceEducationGenderin $1,000s
A5.54.0F=129.9
B9.04.0M=035.5
C4.05.0F=133.9
D8.04.0M=034.0
E9.55.0M=032.5
F3.04.0F=130.5
G7.03.0F=131.0
H1.54.5F=127.7
I8.55.0M=040.0
J7.56.0F=135.0
K9.52.0M=031.0
L6.02.0F=128.6
M2.54.0M=030.0
N1.54.5M=027.5
RESULTS - COMPUTER OUTPUT
SYSTEMS ANALYSTS ANNUAL PAY
REGRESSION FUNCTION & ANOVA FOR PAY
PAY = 20.8779 + 0.801571 EXPRC + 1.595737 EDUC - 0.382572 GENDER
R-Squared= 0.675011
Adjusted R-Squared = 0.577514
Standard error of estimate = 2.251716
Number of cases used = 14
Analysis of Variance
SourceSSdfMSF ValueSig Prob
p-value
Regression105.30990335.103306.923420.008376
Residual50.70225105.07022
Total 156.0121013
SYSTEMS ANALYSTS ANNUAL PAY
REGRESSION COEFFICIENTS FOR PAY
Two-Sidedp-value
VariableCoefficientStd Errort ValueSig Prob
Constant20.877903.06815 6.804720.000047
EXPRC0.80157 0.22847 3.508450.005646
EDUC1.59574 0.56064 2.846260.017361
GENDER-0.38257 1.28741 -0.29716 0.772423 *
* indiciates that the variable is marked for leaving
Standard error of estimate = 2.251716
Durbin-Watson statistic= 2.487978
Use the above computer output to answer the question below
What is the estimated multiple regression?
ANSWER
At a level of significance of = 0.05, which variables are statistically significant and which ones are not statistically significant?
ANSWER
Explain the meaning behind R-Squared in this problem
ANSWER
Does the output point to gender discrimination in pay?Why or why not?
ANSWER
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