Question
The summary output obtained from fitting the multiple regression are given below. Model Unstandardized Coefficients Standardized Coefficients t Sig. B Std. Error Beta 1 (Constant)
The summary output obtained from fitting the multiple regression are given below.
Model Unstandardized Coefficients Standardized
Coefficients
t Sig.
B Std. Error Beta
1
(Constant) -1587.014 1368.449 -1.160 .249
Gender -831.583 442.248 -.157 -1.880 .063
Education (years) 607.741 83.695 .631 7.261 .000
Work Experience 68.917 25.966 .221 2.654 .009
Minority Classification -1135.406 542.208 -.161 -2.094 .039
Note: Dependent Variable: Beginning Salary; Male=0 & Female=1; White=0 & Non-white=1
(a) Write down the estimated multiple regression model from the above output.
(b) Interpret the values of regression coefficients (slopes)
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