SOLUTION: An expert witness in a case of alleged racial discrimination in a state University school of nursing introduced a regression of the deyerminates of salary of esch professionfor esc

Question 140478: An expert witness in a case of alleged racial discrimination in a state University school of nursing introduced a regression of the deyerminates of salary of esch professionfor esch yesr during a eight-year period (n=423) with the following results, with dependent variable year (year in whichthe salary was observed) and predictors year hire(yesr when the individual was hired), Race ( 1 if individual is black, 0 otherwise), and rank ( 1 if individual is an assistant professor, 0 otherwise). Interpret these results.
Variable Coefficient t p
Interpret -3,816,521 -29.4 .000
Year 1,948 29.8 .000
Year Hire -826 -5.5 .000
Race -2,093 -4.3 .000
Rank -6,438 -22.3 .000

RR2 = 0.811 R2adi=0.809 .000
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
An expert witness in a case of alleged racial discrimination in a state University school of nursing introduced a regression of the determinates of salary of each profession for esch year during a eight-year period (n=423) with the following results,
with dependent variable year (year in which the salary was observed) and predictors year hire (year when the individual was hired), Race ( 1 if individual is black, 0 otherwise), and rank ( 1 if individual is an assistant professor, 0 otherwise).
Interpret these results.
--------------------
Regression Equation:
1948*(year observed) = --3.816,521 - 826(year hire)-2,093(race factor)-6438(rank)
RR2 indicates that 81.1% of the variability between the dependent variable
and the predictors is explained by the regression equation. The zero
p-values show that the various coefficients are not zero; that there
is a linear relation between each predictor and the dependent variable.
Race is a minor factor in determining the value of the dependent variable.
Rank is the most dominant factor in determining he value of the dependent variable.
--------------------------------
Variable Coefficient t p
Interpret -3,816,521 -29.4 .000
Year 1,948 29.8 .000
Year Hire -826 -5.5 .000
Race -2,093 -4.3 .000
Rank -6,438 -22.3 .000
RR2 = 0.811 R2adi=0.809 .000
=========================================
Cheers,
Stan H.
RELATED QUESTIONS
An expert witness in a case of alleged racial discrimination in a state university school (answered by stanbon)

WOW! I am lost on how to do this. I have read the chapter and I have tried to get this.... (answered by stanbon)

13.32 An expert witness in a case of alleged racial discrimination in a state university... (answered by stanbon)

An expert witness in a case of alleged racial discrimination in a state university school (answered by stanbon)

Please assist, No ISBN number due to being an online course. An expert in a case alleged (answered by stanbon)

Nursing Majors The table below shows the number of male and female students enrolled in... (answered by stanbon)

The table below shows the number of male and female students enrolled in nursing at a... (answered by Boreal)

I am so confused with this one, can someone please help? The table below shows the... (answered by ewatrrr)

the table below shows the number of male and female students enrolled in nursing at a... (answered by stanbon)