Question

In: Statistics and Probability

Your HR Director presents you the following data on your employees from a regression output Dependent...

Your HR Director presents you the following data on your employees from a regression output

Dependent variable: Wage and Salary Income (INCWS)

Independent variable: a disability affecting work indicator

--------------------------------------------------------------------------------------------------

    INCWS | Coefficient Std. Err. t P>|t| Beta

-------------+------------------------------------------------------------------------------------

      Work Disability | -9303.723 4475.500 -2.079 0.038 -0.070                  

   constant | 37931.813 1416.073 26.787 0.000                

--------------------------------------------------------------------------------------------------


  1. Write the regression equation for the above output.

  2. What information does the constant give you?

  3. What information does the slope of the coefficient give you?

  4. Write the null and alternative hypotheses to test whether or not disabled people earn less than non-disabled people.

  5. At the 5% significance level, do disabled people earn less than non-disabled people?

  6. At the 1% significance level, do disabled people earn less than non-disabled people?




Solutions

Expert Solution


Related Solutions

The following output was obtained from a regression analysis of the dependent variable Rating and an...
The following output was obtained from a regression analysis of the dependent variable Rating and an independent variable Price. (10 points) ANOVA df SS MS F Regression 1 372.707 372.707 42.927 Residual 15 130.234 8.682 Total 16 502.941 Coefficients Standard Error t Stat P-value Intercept 45.623 3.630 12.569 0.000 Price 0.107 0.016 6.552 0.000 Use the critical value approach to perform an F test for the significance of the linear relationship between Rating and Price at the 0.05 level of...
The following regression output was obtained from a study of architectural firms. The dependent variable is...
The following regression output was obtained from a study of architectural firms. The dependent variable is the total amount of fees in millions of dollars. Predictor Coefficient SE Coefficient t p-value Constant 7.617 2.998 2.541 0.010 x1 0.224 0.069 3.246 0.000 x2 ? 1.144 0.559 ? 2.047 0.028 x3 ? 0.071 0.120 ? 0.592 0.114 x4 0.675 0.354 1.907 0.001 x5 ? 0.057 0.025 ? 2.280 0.112 Analysis of Variance Source DF SS MS F p-value Regression 5 2,113.40 422.7...
The following regression output was obtained from a study of architectural firms. The dependent variable is...
The following regression output was obtained from a study of architectural firms. The dependent variable is the total amount of fees in millions of dollars. Predictor Coefficient SE Coefficient t p-value Constant 7.617 2.998 2.541 0.010 x1 0.224 0.069 3.246 0.000 x2 ? 1.144 0.559 ? 2.047 0.028 x3 ? 0.071 0.120 ? 0.592 0.114 x4 0.675 0.354 1.907 0.001 x5 ? 0.057 0.025 ? 2.280 0.112 Analysis of Variance Source DF SS MS F p-value Regression 5 2,113.40 422.7...
The following regression output was obtained from a study of architectural firms. The dependent variable is...
The following regression output was obtained from a study of architectural firms. The dependent variable is the total amount of fees in millions of dollars. Predictor Coefficient SE Coefficient t p-value Constant 7.131 3.085 2.312 0.010 x1 0.203 0.170 1.194 0.000 x2 − 1.176 0.553 − 2.127 0.028 x3 − 0.089 0.311 − 0.286 0.114 x4 0.682 0.381 1.790 0.001 x5 − 0.030 0.025 − 1.200 0.112 Analysis of Variance Source DF SS MS F p-value Regression 5 1,946.79 389.4...
The following regression output was obtained from a study of architectural firms. The dependent variable is...
The following regression output was obtained from a study of architectural firms. The dependent variable is the total amount of fees in millions of dollars. Predictor Coefficient SE T P-vaule Constant 7.096 3.245 2.187 0.010 x1 0.222 0.117 1.897 0.000 x2 -1.024 0.562 -1.822 0.028 x3 -0.337 0.192 -1.755 0.114 x4 0.623 0.263 2.369 0.001 x5 -0.056 0.029 -2.000 0.112 Analysis of Variance Source DF SS MS F P-Value Regression 5 2009.28 401.9 7.33 0.000 Residual Error 50 2741.54 54.83...
The following regression output was obtained from a study of architectural firms. The dependent variable is...
The following regression output was obtained from a study of architectural firms. The dependent variable is the total amount of fees in millions of dollars. Predictor Coefficient SE Coefficient t p-value Constant 7.166 3.075 2.330 0.010 x1 0.228 0.302 0.755 0.000 x2 − 1.184 0.586 − 2.020 0.028 x3 − 0.193 0.110 − 1.755 0.114 x4 0.572 0.293 1.952 0.001 x5 − 0.056 0.022 − 2.545 0.112 Analysis of Variance Source DF SS MS F p-value Regression 5 1,847.24 369.4...
The following regression output was obtained from a study of architectural firms. The dependent variable is...
The following regression output was obtained from a study of architectural firms. The dependent variable is the total amount of fees in millions of dollars. Predictor Coefficient SE Coefficient t p-value Constant 7.166 3.075 2.330 0.010 x1 0.228 0.302 0.755 0.000 x2 − 1.184 0.586 − 2.020 0.028 x3 − 0.193 0.110 − 1.755 0.114 x4 0.572 0.293 1.952 0.001 x5 − 0.056 0.022 − 2.545 0.112 Analysis of Variance Source DF SS MS F p-value Regression 5 1,847.24 369.4...
The following output was obtained from a regression analysis of the dependent variable Sales volume and...
The following output was obtained from a regression analysis of the dependent variable Sales volume and an independent variable “location distance from the downtown branch.       ANOVA df SS MS F Regression 2 552.137 267.069 24.235 Residual 10 110.22 11.02 Total 12 662.357 Coefficients Standard Error t Stat P-value Intercept -38.623 3.630 12.569 0.000 Location distance 0.309 0.016 6.552 0.000 Calculate and interpret the correlation coefficient. What does it tell us? (1.5 marks) Calculate and interpret the coefficient of determination. (1.5...
The following regression output was obtained from a study of architectural firms. The dependent variable is...
The following regression output was obtained from a study of architectural firms. The dependent variable is the total amount of fees in millions of dollars. Predictor Coefficient SE Coefficient t p-value Constant 7.131 3.085 2.312 0.010 x1 0.203 0.170 1.194 0.000 x2 − 1.176 0.553 − 2.127 0.028 x3 − 0.089 0.311 − 0.286 0.114 x4 0.682 0.381 1.790 0.001 x5 − 0.030 0.025 − 1.200 0.112 Analysis of Variance Source DF SS MS F p-value Regression 5 1,946.79 389.4...
The following regression output was obtained from a study of architectural firms. The dependent variable is...
The following regression output was obtained from a study of architectural firms. The dependent variable is the total amount of fees in millions of dollars.    Predictor Coef SE Coef T     Constant 10.237 3.447 2.97 X1 0.392 -0.209 -1.88 X2 -0.392 -0.099 3.96 X3 0.207 -0.110 -1.88 X4 0.794 0.201 3.95 X5 -0.335 -0.126 2.66      Analysis of Variance   Source DF SS MS F   Regression 5 3710.00 742.00 15.14   Residual Error 48 2647.38 57.55   Total 53 6357.38    X1...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT