statistics

posted by .

An expert witness in a case of alleged racial discrimination in a state university school of nursing
introduced a regression of the determinants of Salary of each professor for each year during an
8-year period (n = 423) with the following results, with dependent variable Year (year in which
the salary was observed) and predictors YearHire (year when the individual was hired), Race (1 if
individual is black, 0 otherwise), and Rank (1 if individual is an assistant professor, 0 otherwise).
Interpret these results.
Variable Coefficient t p
Intercept −3,816,521 −29.4 .000
Year 1,948 29.8 .000
YearHire −826 −5.5 .000
Race −2,093 −4.3 .000
Rank −6,438 −22.3 .000
R2 = 0.811 R2
= 0.809 s = 3,318

Similar Questions

1. Economics

Professor Martin is considering leaving the university and opening a consultant business. His services as a consultant he would be paid \$75,000 a year. To open the business professor Martin must convert a house from which he collects …
2. Math

Jon begins a new job with an annual salary of \$ 42,000 for his first year of employment, a guarantee of a 5% salary increase each for his second, third and fourth year and a guarantee of a 20% increase for his fifth and sixth year. …
3. statistics

An expert witness in a case of alleged racial discrimination in a state university school of nursing introduced a regression of the determinants of Salary of each professor for each year during an 8-year period (n = 423) with the following …
4. Statistics

The average annual salary of employees at Wintertime Sports was \$28,750 last year. This year the company opened another store. Suppose a random sample of 18 employees had an average annual salary of \$25,810 with standard deviation …
5. Pre-calc

An investment firm has a job opening with a salary o \$30,000 for the first year. Suppose that during the next 39 years, there is a 5% raise each year. Find the total compensation over the 40-year period.
6. Finance

A job pays a salary of 35,000 the first year. During the next 10 years, the salary increases by 4% each year. What is the salary for the 11th year?
7. math

a job pays a salary of \$19,00 the first year. during the next 10 years the salary increases by 4% each year. what is the lifetime salary over the 11 year period?