Fred G. Hire is the manager of human resources at Crescent Custom Steel Products. As part of his yearly report to the CEO, he is required to present an analysis of the salaried employees. For each of the 30 salaried employees, he records monthly salary, service at Crescent, in months, age, gender (1 = male. 0 = female); and whether the employee has a management or engineering position Those employed in management are coded 0, and those in engineering are coded 1. Length of Employee Salary Gender 93 1,740 Sampled Monthly Service Job $1,769 104 104 1 2 3 4 5 6 7 1 1 1 1 2 1 1 1 1 1 1 1 1 1 42 33 42 57 30 49 35 46 56 23 62 36 53 20 45 55 46 30 45 1,941 2,367 2,467 1,640 1,256 1,706 1,767 1,200 1.706 1,985 1,555 1.749 2.056 1.729 2,186 1,050 1,819 1.350 2,050 2.550 1,544 1.766 1,932 1.691 1.623 1.701 2.001 1.074 126 95 99 94 96 124 73 110 90 106 83 100 113 129 97 101 91 100 123 9 10 11 12 13 14 15 16 17 25 19 20 21 22 23 24 25 26 27 28 29 3 ences 1 1 1 1 1 1 40 59 30 1 1 45 1 1 117 307 30 6 151 99 o 30 1
Click here for the Excel Dala.File Complete the following table. (Negative amounts should be indicated by a minus sign. Round your answers 3 decimal places.) Coefficients Standard deviation p-value Predictor Constant Service Age Gender Job W Complete the Analysis of Variance table. (Round SS, MS to nearest whole number and Fand p-value to 3 decimal places.) ces DE SS MS p.value Source Regression ERO Total
a. Determine the regression equation, using salary as the dependent variable and the other four variables as independent variables (Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place.) b. What is the value of R2? (Round your answer to 3 decimal places.) Value of R c-1. State the decision rule H B = B2 = B = Be = O versus Hi Not all Bi's - O at 0.05 significance level. (Round your answer to 2 decimal places.) Rejea HUF c-2. Compute the value of F (Round your answer to 2 decimal places.) Value of c-3. Determine whether any of the independent variables are different from o Hols Not all the sequal roro
1.1. Conduct an individual test and state the decision rule at 005 significance level (Negative amounts should be indicated by minus sign. Round your answers 2 decimal places.) Refect Hots d-2. Determine whether any of the independent variables can be dropped should tre dropped
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Fred G. Hire is the manager of human resources at Crescent Custom Steel Products. As part of his yearly report to the CE
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Fred G. Hire is the manager of human resources at Crescent Custom Steel Products. As part of his yearly report to the CE
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