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[Solution] Consider the following data on salaries and experience. Variable Cl is Salary and C2 is Experience. Person 2, 4, 6, 8, and 9 have MBA degrees

Question: Consider the following data on salaries and experience. Variable Cl is Salary

and C2 is Experience. Person 2, 4, 6, 8, and 9 have MBA degrees from DePaul. All of the others have MBAs from Loyola.

Calculate the regression of salary on experience within a model that controls for the school that granted the degree. Be sure to print the entire data set that allows you to estimate the regression.

Graph the estimated regression equation and clearly indicate the impact of a DePaul MBA on the graph.

What is the market value of a DePaul MBA relative to a Loyola MBA? Is it statistically significant at the 5% level? Show your work.

Price: $2.99
Solution: The downloadable solution consists of 3 pages
Deliverable: Word Document


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