User Account

All Pages

Linear relationship between salary and workexperience

Assignment Help Basic Statistics
Reference no: EM132013191

Consider the regression model Salary= B1+B2WorkExperience+u

Suppose we have another variable Region which captures where the individuals in our data set live, and

Region = 1 if they live in the north

Region = 2 if they live in the south

Region = 3 if they live in the east

Region = 4 if they live in the west

We believe that Region affects the intercept of the linear relationship between Salary and WorkExperience.

If we wish to account for this in our model, how many additional regressors need to be included in our regression model.

A 3

B 4

C 6

D 7

Reference no: EM132013191

Questions Cloud

Continue with the original model you have : Suppose the RESET test rejects its null hypothesis. What should we do in the next step?
What will the building net book value : The straight-line method of depreciation is used. What will the building's net book value (cost less accumulated depreciation) be at the end of 20x7
Determining the binomial distribution : Suppose we roll a fair four-sided die 11 times. Let X be the count of 3s rolled. Then X has a binomial distribution with n = 11 and p = 0.25.
Review the Terminal Course Objectives : Review the Terminal Course Objectives, accessed by clicking on the "Course Information" tab at the top of your screen, scrolling down.
Linear relationship between salary and workexperience : We believe that Region affects the intercept of the linear relationship between Salary and WorkExperience.
What is meant by the auditors near privity relationship : What is meant by the auditors' "near privity" relationship? How does this differ from the "privity" relationship with a client
How would i find the mean and standard deviation of x : How would I find the mean and standard deviation of x?
Houses on the block are worth less : Does that necessarily mean that half of the houses on the block are worth less than $1.9m and half worth more? How do ties figure in?
How much money are you looking for : The Executive Summary should include whatever is necessary to explain your idea, what the team is about, a brief market description and strategy.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd