Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

We want to examine what factors account for differences in salary in a university department by characteristics of the faculty member: the number of years

We want to examine what factors account for differences in salary in a university department by characteristics of the faculty member: the number of years since each faculty member received their Ph.D. (X1), the number of publications (X2), gender of the professor (1=F, 0=M), and number of citations in the scientific literature (X4).

Table 2: Salary Differentiation

Case

Time

Pubs

Cites

Salary

Gender

1

3

18

50

51876

1

2

6

3

26

54511

1

3

3

2

50

53425

1

4

8

17

34

61863

0

5

9

11

41

52926

1

6

6

6

37

47034

0

7

16

38

48

66432

0

8

10

48

56

61100

0

9

2

9

19

41934

0

10

5

22

29

47454

0

11

5

30

28

49832

1

12

6

21

31

47047

0

13

7

10

25

39115

1

14

11

27

40

59677

0

15

18

37

61

61458

0

16

6

8

32

54528

0

17

9

13

36

60327

1

18

7

6

69

56600

0

19

7

12

47

52542

1

20

3

29

29

50455

1

21

7

29

35

51647

1

22

5

7

35

62895

0

23

7

6

18

53740

0

24

13

69

90

75822

0

25

5

11

60

56596

0

26

8

9

30

55682

1

27

8

20

27

62091

1

28

7

41

35

42162

1

29

2

3

14

52646

1

30

13

27

56

74199

0

31

5

14

50

50729

0

32

3

23

25

70011

0

33

1

1

35

37939

0

34

3

7

1

39652

0

35

9

19

69

68987

0

36

3

11

69

55579

0

37

9

31

27

54671

0

38

3

9

50

57704

0

39

4

12

32

44045

1

40

10

32

33

51122

0

41

1

26

45

47082

0

42

11

12

54

60009

0

43

5

9

47

58632

0

44

1

6

29

38340

0

45

21

39

69

71219

0

46

7

16

47

53712

1

47

5

12

43

54782

1

48

16

50

55

83503

0

49

5

18

33

47212

0

50

4

16

28

52840

1

51

5

5

42

53650

0

52

11

20

24

50931

0

53

16

50

31

66784

1

54

3

6

27

49751

1

55

4

19

83

74343

1

56

4

11

49

57710

1

57

5

13

14

52676

0

58

6

3

36

41195

1

59

4

8

34

45662

1

60

8

11

70

47606

1

61

3

25

27

44301

1

62

4

4

28

58582

1

After analyzing Table 2, answer the following questions:

  1. What percent of the total variance is accounted for by all four predictor variables after correcting for attenuation?

  1. Insert a number that reflects the error in prediction.

0.497

  1. Insert the complete regression line below.

  1. For each unit change in number of publications, how much does salary change and in what direction?

92.746, positive direction

  1. For each unit change in number of citations, how much does salary change and in what direction?

201.931, positive direction

  1. For each unit change in years since the PhD, how much does salary change and in what direction?

  1. For each unit change in gender, how much does salary change and in what direction?

  1. For each standard deviation change in number of publications, how much does salary change and in what direction?

  1. For each standard deviation change number of citations, how much does salary change and in what direction?

  1. For each standard deviation change in years since the Ph.D., how much does salary change and in what direction?

857.006, positive direction

  1. For each standard deviation change in gender, how much does salary change and in what direction?

  1. What percent of the variance in salary is uniquely accounted for by number of publications?

25.6%

  1. What percent of the variance in salary is uniquely accounted for by number of citations?

30.2%

  1. What percent of the variance in salary is uniquely accounted for by years since the Ph.D.?

  1. What percent of the variance in salary is uniquely accounted for by gender?

  1. What number is in the denominator of the t-test that is testing the significance of the variance uniquely accounted for by number of publications?

  1. What number is in the denominator of the t-test that is testing the significance of the variance uniquely accounted for by number of citations?

  1. What number is in the denominator of the t-test that is testing the significance of the variance uniquely accounted for by years since the Ph.D.?

  1. What number is in the denominator of the t-test that is testing the significance of the variance uniquely accounted for by gender?

  1. Which predictor variable has the strongest relationship with salary and how do you know this?

  1. Is there a problem with multicollinearity? How do you know?

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

Students also viewed these Mathematics questions

Question

3. How can we use information and communication to generate trust?

Answered: 1 week ago