Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following dat were collected by an employment agency to determine if biweekly salaries can be explained in any of the following variables: 1) length

The following dat were collected by an employment agency to determine if biweekly salaries can be explained in any of the following variables: 1) length of service in months, 2) sex of the employee 3) age of the employee, and 4) whether or not the job is technical or clerical in nature

Salary Service Sex Age JobType
1700 93 male 42 clerical
1500 104 male 33 clerical
1950 104 male 42 technical
2500 126 male 57 technical
1900 98 male 30 technical
2250 99 male 49 technical
1650 94 male 35 clerical
1550 96 female 46 technical
2100 124 female 56 technical
1650 73 female 23 technical
1900 110 female 67 technical
1985 90 female 36 technical
1455 104 female 53 clerical
1540 81 female 29 clerical
1900 106 male 45 clerical
2000 113 female 55 technical
2186 129 male 46 technical
1600 97 female 39 technical
2200 101 male 43 technical
2100 91 male 35 technical
2030 100 male 40 clerical
2200 123 male 59 clerical
1544 88 female 30 clerical
2350 117 male 60 technical
2350 107 male 45 technical
1900 105 female 32 technical
1400 86 female 33 clerical
2100 131 female 56 technical
1950 95 male 30 technical
1700 98 male 47 clerical

1) Explain all the relevant of your best model e.g. significance of coefficients, F Statistics, co efficiencts of determination (r squared. Then use your final model to make predictions for a male and female with the same job characteristics - for confidence interval and prediction interval

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

Fractals Everywhere

Authors: Michael F Barnsley

2nd Edition

148325769X, 9781483257693

More Books

Students also viewed these Mathematics questions