Does the status of being married and being a union member ha
Does the status of being married and being a union member have a significant effect on wages that is different than the sum of their individual effects? Explain your conclusion. Is this a positive or a negative synergy?[Synergy means that the combined effect of two factors is greater than (positive synergy) or less than (negative synergy) the sum of the two parts.]
Solution
Since the probability(P-value) is 0.0000 <0.05, we can conclude that the status of being married and being a union member have a significant effect on wages. the combined effect of two factors is less than the sum of the two parts, it suggests that the synergy is negative synergy.
