SOLUTION: WOW! I am lost on how to do this. I have read the chapter and I have tried to get this. Please help!Thank you!!! An expert witness in a case of alleged racial discrimination in a

Question 129314This question is from textbook Applie Statics in Business and Econmics
: WOW! I am lost on how to do this. I have read the chapter and I have tried to get this. Please help!Thank you!!!
An expert witness in a case of alleged racial discrimination in a state university school of nursing introduced a regression of the determinants of Salary of each professor for each year during an 8-year period (n=423) with the following results, with dependent variable Year (year in which the salary was observed) and predictors YearHire (year when the individual was hired), Race (1 if individual is black, o otherwise), and Rank (1 if individual is an assistant professor, o otherwise).
Interpret the results.
Variable-------Coefficient---------t---------------------p
Intercept-------3,816,521-------negative29.4-----------.000
Year------------1,948------------29.8------------------.000
YearHire------negative826-------negative5.5------------.000
Race----------negative2,093-----negative4.3------------.000
Rank----------negative6,438-----negative22.3-----------.000
r2=.811--------------r2adj=.809-----------s=3,318 This question is from textbook Applie Statics in Business and Econmics

Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Your data on rank and race is confusing.
There is no posted question.
Cheers,
Stan H.
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