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Business Statistics, 3rd Edition
book

Business Statistics, 3rd Edition

by Naval Bajpai
April 2024
Intermediate to advanced content levelIntermediate to advanced
921 pages
37h 16m
English
Pearson India
Content preview from Business Statistics, 3rd Edition
Chapter 15
588
The dummy variable for gender was de ned as
x
2
= 0 (For female)
x
2
= 1 (For male)
For female (x
2
= 0), the regression equation takes the following form:
ˆ
.( ).
()
y
=+ +
489 849404ag
eg
ender
ˆ
..yx=+
489 849404 0
1
when (x
2
= 0)
ˆ
.
yx=+
489 849
1
Productivity = 489 + 8.49 age when (x
2
= 0)
For male (x
2
= 1) the regression equation takes the following form
ˆ
..yx
x
=+ +
489 849404
12
ˆ
..yx=+
489 849404 1
1
when (x
2
= 1)
ˆ
..yx=+
529 4849
1
Productivity = 529.4 + 8.49x
1
Productivity of females when the age is 45.
Productivity = 489 + 8.49 × 45 = 489 + 382.05 = 871.05
Productivity of males when the age is 45.
Productivity = 529.4 + 8.49x
1
Productivity = 529.4 ...
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Publisher Resources

ISBN: 9789390168996