Suppose in the regression (6.1) we let Di = 1 for female = - 1 for male
Question:
Di = 1 for female
= - 1 for male
Using the data given in Table 6-2, estimate regression (6.1) with this dummy setup and compare your results with those given in regression (6.4). What general conclusion can you draw?
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We define the new Sex dummy variable as equal to 1 for female and 1 for male and name ...View the full answer
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