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Given the Model Income = 40 + 1

Question 14

Multiple Choice

Given the model Income = 40 + 1.5Experience - 5Female + 1Experience x Female, at what level of experience will the expected income of men and women be the same (in other words, at what level of experience will the fitted lines for men and women intersect) ?


A) At 10 years of experience
B) At 2.5 years of experience
C) At 5 years of experience
D) Not enough information.

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