Multiple Choice
To examine the differences between salaries of male and female middle managers of a large bank, 90 individuals were randomly selected, and two models were created with the following variables considered: Salary = the monthly salary (excluding fringe benefits and bonuses) ,
Educ = the number of years of education,
Exper = the number of months of experience,
Train = the number of weeks of training,
Gender = the gender of an individual; 1 for males, and 0 for females.
Excel partial outputs corresponding to these models are available and shown below.
Model A: Salary = β0 + β1Educ + β2Exper + β3 Train + β4Gender + ε Model B: Salary = β0 + β1Educ + β2Exper + β3Gender + ε
Which of the following explanatory variables in Model A is not significant at the 5% level?
A) Educ
B) Exper
C) Train
D) Gender
Correct Answer:

Verified
Correct Answer:
Verified
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