2- Use wage data (Data is posted on blackboard) to estimate the following model and answer the questions: Wage= Bo+ Breduc+ B2 exper + B3 gender +Brace + Bs gender*exper + & Gender=1 for male and gender=0 for female Race=1 for white and race=0 for non-white 1- Interpret all the coefficients. 2- Is there a significant wage difference between white and non-white? at a=0.05 3- Test for global usefulness of the model at a=0.05. 4- Test if the experience is a significant determinant of wage at a=0.10