Suppose that a researcher, using wage data on 265 randomly selected male workers and 297 female workers, estimates the OLS regression Ques Wage = 13.271 + 2.247 × Male, R = 0.06, SER = 4.5, (0.2438)...


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Suppose that a researcher, using wage data on 265 randomly selected male workers and 297 female workers, estimates the OLS regression<br>Ques<br>Wage = 13.271 + 2.247 × Male, R = 0.06, SER = 4.5,<br>(0.2438) (0.3816)<br>where Wage is measured in dollars per hour and Male is a binary variable that is equal to 1 if the person is a male and 0 if the person is a female. Define the wage gender gap as the difference in mean earnings between men and women.<br>What is the estimated gender gap?<br>The estimated gender gap equals $2.247 per hour. (Round your response to three decimal places.)<br>The null and alternative hypotheses are Ho: B, = 0 versus H,: B, #0.<br>The t-statistic for testing the null hypothesis that there is no gender gap is 5.89. (Round your response to two decimal places.)<br>The p-value for testing the null hypothesis that there is no gender gap is 0.0000. (Round your response to four decimal places.)<br>The estimated effect of gender gap is statistically significant at the:<br>1.5% level<br>II. 1% level<br>II. 0.01% level<br>A. I, II, and II.<br>OB. Ionly.<br>O C. II only.<br>D. I and II.<br>Click to select your answer(s).<br>11:0<br>DELL<br>P Type here to search<br>4/28/<br>

Extracted text: Suppose that a researcher, using wage data on 265 randomly selected male workers and 297 female workers, estimates the OLS regression Ques Wage = 13.271 + 2.247 × Male, R = 0.06, SER = 4.5, (0.2438) (0.3816) where Wage is measured in dollars per hour and Male is a binary variable that is equal to 1 if the person is a male and 0 if the person is a female. Define the wage gender gap as the difference in mean earnings between men and women. What is the estimated gender gap? The estimated gender gap equals $2.247 per hour. (Round your response to three decimal places.) The null and alternative hypotheses are Ho: B, = 0 versus H,: B, #0. The t-statistic for testing the null hypothesis that there is no gender gap is 5.89. (Round your response to two decimal places.) The p-value for testing the null hypothesis that there is no gender gap is 0.0000. (Round your response to four decimal places.) The estimated effect of gender gap is statistically significant at the: 1.5% level II. 1% level II. 0.01% level A. I, II, and II. OB. Ionly. O C. II only. D. I and II. Click to select your answer(s). 11:0 DELL P Type here to search 4/28/
A. I, II, and III.<br>B. Ionly.<br>O C. II only.<br>D. I and II.<br>Construct a 95% confidence interval for the effect of gender gap.<br>The 95% confidence interval for the effect of gender gap is ( ). (Round your responses to two decimal places.)<br>From the sample, the average wage of women is $<br>per hour. (Round your response to three decimal places.)<br>From the sample, the average wage of men is $<br>$ per hour. (Round your response to three decimal places.)<br>Another researcher uses these same data but regresses Wages on Female, a variable that is equal to 1 if the person is female and 0 if the person a male. What are the regression estimates calculated from this regression?<br>Wage = Yo + y, × Female, R, SER.<br>%3D<br>Yo = (Round your response to three decimal places.)<br>Y1 =. (Round your response to three decimal places.)<br>R = (Round your response to two decimal places.)<br>SER = (Round your response to one decimal place.)<br>%3D<br>Click to select your answer(s).<br>O<br>圈<br>DELL<br>e Type here to search<br>

Extracted text: A. I, II, and III. B. Ionly. O C. II only. D. I and II. Construct a 95% confidence interval for the effect of gender gap. The 95% confidence interval for the effect of gender gap is ( ). (Round your responses to two decimal places.) From the sample, the average wage of women is $ per hour. (Round your response to three decimal places.) From the sample, the average wage of men is $ $ per hour. (Round your response to three decimal places.) Another researcher uses these same data but regresses Wages on Female, a variable that is equal to 1 if the person is female and 0 if the person a male. What are the regression estimates calculated from this regression? Wage = Yo + y, × Female, R, SER. %3D Yo = (Round your response to three decimal places.) Y1 =. (Round your response to three decimal places.) R = (Round your response to two decimal places.) SER = (Round your response to one decimal place.) %3D Click to select your answer(s). O 圈 DELL e Type here to search
Jun 10, 2022
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