### What are the mean earnings of males and females

Assignment Help Applied Statistics
##### Reference no: EM13245072

A subsample from the Current Population Survey is taken, on weekly earnings of individuals, their age, and their gender. You have read in the news that women make 70 cents to the \$1 that men earn. To test this hypothesis, you first regress earnings on a constant and a binary variable, which takes on a value of 1 for females and is 0 otherwise. The results were:  Earn = 570.70 - 170.72×Female, R2=0.084, SER = 282.12.

(a) What are the mean earnings of males and females in this sample? Does the regression result support the claim in the news?

(b) You decide to control for age (in years) in your regression results because older people, up to a point, earn more on average than younger people. This regression output is as follows:  Earn = 323.70 - 169.78×Female + 5.15×Age, R2=0.135, SER = 274.45. Do you think the "practical" magnitude of age coefficient is large or small? Explain.

(c) If you were to conduct this research on wage gap between male and female, what other variable would you consider including in your regression? Explain your reasoning.

#### What population value should be used with data

What is the majority of the type of data summarized on the first page of this article and Measurement or categorical - What population value should be used with data? populati

#### Variances in assembly times of employees

Difference between the variances in assembly times (in seconds) of employees trained in a computer-assisted, individual-based program and those trained in a team based progr

#### Example on classical linear regression model

What is the annualized excess performance (Jensen's Alpha) of the firms that DID NOTreplace their CEO and describe the assumptions behind the classical linear regression model

#### Provide a managerial report - gulf real estate properties

Each condominium is classified as Gulf View if it is located directly on the Gulf of Mexico or No Gulf View if it is located on the bay or a golf course, near but not on the

#### What p-value did you get in your randomization

What p-value did you get in your randomization and explain in the context of the problem what the p-value means. What is the variable of interest and what graphical techniques

#### What is the slope of the linear regression line

Calculate the mean yearly value using the average gas prices by month found in the Final Project Data Set. What is the slope of the linear regression line and what is the Y-in

#### Degrees of freedom for the chi-square hypothesis tests

How are the degrees of freedom for the chi-square hypothesis tests different from those of most other hypothesis tests? In most previous hypothesis tests, the degrees of fre

#### What is the variable cost per unit produced

Use these data to develop an estimated regression equation that could be used topredict the total cost for a given production volume and what is the variable cost per unit p

### Write a Review 