Suppose the following table was generated from sample data of 20 employees relating hourly wage to years of experience a

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Suppose The Following Table Was Generated From Sample Data Of 20 Employees Relating Hourly Wage To Years Of Experience A 1 (135.96 KiB) Viewed 19 times

Suppose the following table was generated from sample data of 20 employees relating hourly wage to years of experience and whether or not they have a college degree. Using statistical software, create an indicator (dummy) variable for the variable "Degree" and find the regression equation. Is there enough evidence to support the claim that on average employees with a college degree have higher hourly wages than those without a college degree at the 0.05 level of significance? If yes, write the coefficient of the dummy variable in the space provided, rounded to two decimal places. Else, select "There is not enough evidence." Copy Data Hourly wages of employees Wage Experience Degree 12.58 5 No 19.82 15 Yes 17.99 21 No 12.51 1 17.91 22 16.15 11 27.00 24 23.09 30 22.13 31 21.56 29 9.60 4 20.50 26 25.60 20 22.54 18 28.62 22 21.16 27 22.26 18 20.84 26 29.58 29 Yes 18.52 14 Yes Answer 2 Points Tables Keypad Keyboard Shortcuts Selecting a radio button will replace the entered answer value(s) with the radio button value. If the radio button is not selected, the entered answer is used. O There is not enough evidence No No Yes Yes No No No Yes No Yes Yes Yes No Yes S No