In the following estimated model, Y is the expenditure on beers, X, is the expenditures on...

 

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In the following estimated model, Y₁ is the expenditure on beers, X, is the expenditures on fried chickens, and M is a dummy variable indicating 1 for males, 0 for females. -0.6 +1.5M₁ + 0.5X + 0.2M₂X₁ Here, Student C uses a dummy variable F, instead of M₁ for regression, where F, has the value 1 for females and 0 for males. That is, he estimates the following equation: Y₁ B₁ + B₂F₁+ B3X₁ + B4FiX₁ + ei Obtain the estimated values of B₁, B2, B3, and 4. In the following estimated model, Y₁ is the expenditure on beers, X, is the expenditures on fried chickens, and M is a dummy variable indicating 1 for males, 0 for females. -0.6 +1.5M₁ + 0.5X + 0.2M₂X₁ Here, Student C uses a dummy variable F, instead of M₁ for regression, where F, has the value 1 for females and 0 for males. That is, he estimates the following equation: Y₁ B₁ + B₂F₁+ B3X₁ + B4FiX₁ + ei Obtain the estimated values of B₁, B2, B3, and 4.