Suppose you have information on which of the 13 randomly selected teenage workers in the fast-food industry worked part-time and which worked fulltime.

Variable F_i is equal to 1 if the worker is employed full time, and it is equal to zero otherwise. With this information, you estimate the following relationship between wages, age, and full-time employment:

a. How much is a 20-year-old who works full time predicted to earn based on this estimate?

b. How much is a 20-year-old who works part time predicted to earn based on this estimate?

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W; = -0.5 +0.25A; + 0.75F; (.10) (.20)