Suppose you also calculated the standard errors for the coefficients for experience, education, and sex as 2,000,
Question:
Suppose you also calculated the standard errors for the coefficients for experience, education, and sex as 2,000, 85, and 2,500, respectively. How would your answer to part (b) of question 24 change?
Part B Of Question 24
(b) Interpret the coefficient for sex. Does discrimination exist?
Transcribed Image Text:
where = WAGE 20,000+5,000EXPER; + 200EDUC; - 3,000SEX; WAGE = wage for person i EXPER = years of experience for person i EDUC = SEX years of education for person i = dummy variable (1 for female, 0 for male)
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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