Suppose the following regression equation was generated from sample data relating annual salary to experience, gender, and maritalstatus. Gender is represented by a dummy variable, FEMALE, where FEMALE, = 1 if employee i is female and FEMALE, = 0ifemployee i is male. Marital status is represented by a dummy variable MARRIED, where MARRIED, = 1 if employee i is married andMARRIED, = 0 f employee i is single.SALARY, = 46722.906232 + 556.281090EXPERIENCE, - 2443.652040FEMALE, - 28.841453EXPERIENCE, FEMALE,+ 10884.891808MARRIED, - 75.126684EXPERIENCE, MARRIED, - 14693.833888FEMALE, MARRIED, + eAccording to the regression equation above, what is the estimated starting salary for married women? Round your answer to two decimalplaces.

Solution: The estimated regression equation is Salary^= 46722.906232+556.281090 Experiance…

uppose the following regression equation was generated from sample data relating annual salary to experience, gender, and marital tatus. Gender is represented by a dummy variable, FEMALE, where FEMALE, 1if employee i is female and FEMALE, = 0 if mployee i is male. Marital status is represented by a dummy variable MARRIED, where MARRIED, = 1 if employee / is married and MARRIED,= 0 if employee i is single. SALARY, - 46722.906232 + 556.281090EXPERIENCE,- 2443.652040FEMALE, - 28.841453EXPERIENCE, FEMALE, + 10884.891808MARRIED, - 75.126684EXPERIENCE, MARRIED, - 14693.833888FEMALE, · MARRIED, +e According to the regression equation above, what is the estimated starting salary for married women? Round your answer to two decimal places