subject
Mathematics, 27.08.2020 03:01 maricelajacinto3379

Using the "Payroll Data. xlsx" dataset, estimate the slope and intercept parameters for the following regression using OLS: SalesUnits Bonus; = Bo + B. Female: + B, Age: + B3Experience: + Ba tui (Hint: You'll need to create a new variable ("Sales-to-goal ratio") equivalent to the ratio of sales units to the sales goal for each employee) SalesGoal If you wanted to see if the effect of the sales-to-goal ratio was different for males and females in your sample, while still maintaining that the effect of age and experience was the same for both groups, what changes would you have to make to this regression? A) You would need to re-run the same model, except with an interaction term added, where that interaction term is the product of SalesUnits SalesGoalk). Female B) You would need to re-run the model twice: once with just males, once with just females, and then compare the differences in the Ba estimates between these two models. C) You would need re-run a "fully interacted" version of the same model, by interacting the Female indicator variable with all other regressors. D) None, becauseyou are already controlling for gender in this regression, 15 pts

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 14:30
The minimum wage in washington has been increasing over the last ten years. years 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 washington state minimum wage $6.50 $6.72 $6.90 $7.01 $7.16 $7.35 $7.63 $7.93 $8.07 $8.55 $8.55 a) find the linear regression equation for the minimum wage in washington using this data ( x  0 in 2000). round to the thousandths. b) what is the slope? specifically, what does the slope represent in the real world context? c) what is the y-intercept? specifically, what does the y-intercept represent in the real world context? d) write your equation as a function of x. e) if you do not earn a college degree and you are earning minimum wage in 2020, what do you predict you will be earning per hour with the linear regression equation? f) if the trend continues, when will the minimum wage be $15 an hour? 3. why are your answers to #1d and #2a above different? which do you think is more accurate (#1 or #2) and why
Answers: 1
question
Mathematics, 21.06.2019 17:30
Which is the equation of a line perpendicular to the line with the equation 3x+4y=8
Answers: 1
question
Mathematics, 21.06.2019 18:10
Points a, b, and c form a triangle. complete the statements to prove that the sum of the interior angles of triangle abc is 180
Answers: 1
question
Mathematics, 21.06.2019 19:30
In the geometric progression –3, 12, −48… what term is 3,072?
Answers: 2
You know the right answer?
Using the "Payroll Data. xlsx" dataset, estimate the slope and intercept parameters for the followin...
Questions
Questions on the website: 13722361