Salary = $45,000 + $3000(Years) + $4000(Gender) + $1000[(Years)(Gender)]
where Gender = 1 if the professor is male and Gender = 0 if the professor is female.
Reference: Ref 11-5
Using the multiple linear regression equation, you would estimate the average difference in the salaries of a male professor with three years of service and female professor with three years of service to be
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