Question

Suppose the following table was generated from the sample data of 2020 teachers relating annual salary...

Suppose the following table was generated from the sample data of 2020 teachers relating annual salary to months of teaching experience and gender.

Coefficients Standard Error t Stat P-Value
Intercept 39456.64693339456.646933 244.443412244.443412 161.414237161.414237 0.0000000.000000
Months of Experience 61.40231861.402318 8.6513608.651360 7.0974187.097418 0.0000020.000002
Female (1 if female, 0 if male) 874.703963874.703963 250.099136250.099136 3.4974293.497429 0.0027590.002759

Step 1 of 2: In this regression equation, what is the intercept value for men? Enter your answer in the space provided. Do not round your answer.

Step 2 of 2: In this regression equation, what is the intercept value for women? Enter your answer in the space provided. Do not round your answer.

Math   Statistics-And-Probability   
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Answer #1

we have given

Coefficients Standard Error t Stat P-Value
Intercept 39456.646933 244.443412 161.414237 0.000000
Months of Experience 61.402318 8.651360 7.097418 0.000002
Female (1 if female, 0 if male) 874.703963 250.099136 3.497429 0.002759

the regression equation is

y = 39456.646933 +61.402318 Months of Experience +874.703963 Female (1 if female, 0 if male)

Step 1 of 2: In this regression equation, the intercept value for men is

39456.646933

Step 2 of 2: In this regression equation, what is the intercept value for women is 39456.646933 + 874.703963 = 40331.35

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