Using the "Payroll Data.xlsx" dataset, estimate the slope and intercept parameters for the following regression using OLS: Base Pay Bo+ B₁ Female; + B2 Age; + B3 Experience; +ui = Use your regression output to test the null-hypothesis that females receive the same base pay as males in this sample. What is the p-value associated with this test? (Round to the nearest hundredth) 0.41

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 6SGR
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Using the "Payroll Data.xlsx" dataset, estimate the
slope and intercept parameters for the following
regression using OLS:
Base Pay Bo+ B₁ Female; + B2 Age; + B3 Experience; +ui
=
Use your regression output to test the null-hypothesis
that females receive the same base pay as males in
this sample. What is the p-value associated with this
test? (Round to the nearest hundredth)
0.41
Transcribed Image Text:Using the "Payroll Data.xlsx" dataset, estimate the slope and intercept parameters for the following regression using OLS: Base Pay Bo+ B₁ Female; + B2 Age; + B3 Experience; +ui = Use your regression output to test the null-hypothesis that females receive the same base pay as males in this sample. What is the p-value associated with this test? (Round to the nearest hundredth) 0.41
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