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GH

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The variance of a Student t distribution approaches zero as the degrees of freedom approaches infinity.

On Sep 29, 2024


False
GH

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The manager of a human resources department wishes to predict the salary of an employee based on years of experience,x,and gender,g.(g = 1 for a male employee and 0 for a female employee.) A random sample of 50 employees results in the following least-squares regression equation:  Salary =40,000+2,500x+1,500 g+1,000xg\text { Salary } = 40,000 + 2,500 x + 1,500 \mathrm {~g} + 1,000 \mathrm { xg } Salary =40,000+2,500x+1,500 g+1,000xg Interpret the value of the coefficient of gender (g) .

A) We predict that a woman with 0 years of experience will make $1,500 more than a man with 0 years of experience.
B) We predict that a man with 0 years of experience will make $1,000 more than a woman with 0 years of experience.
C) We predict that a man with 0 years of experience will make $2,500 more than a woman with 0 years of experience.
D) We predict that a man with 0 years of experience will make $1,500 more than a woman with 0 years of experience.
E) We predict that a woman with 0 years of experience will make $2,500 more than a man with 0 years of experience.

On Sep 23, 2024


D