mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fathens.blackboard.com%252Fwebapps%252Fpo k Assignment Chapter 17 Saved Exercise 17-9 Static A researcher wonders whether males get paid more, on average, than females at a large firm. She interviews 50 employees and collects data on each employee's hourly wage (Wage in $), years of higher education (EDUC), years of experience (EXPER), age (Age), and a Male dummy variable that equals 1 if male, O otherwise. A portion of the data is shown in the accompanying table. Wage EDUC EXPER Age Male 37.85 11 2 40 21.72 39 nces 24.18 11 64 apicture Click here for the Excel Data File: a. Estimate: Wage = 60 + 6, EDUC + 62EXPER + 63Age + 64Male + &. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.) Wage =[ EDUC + EXPER + Age + Male. b. Predict the hourly wage of a 40-year-old male and female employee with 10 years of higher education and 5 years experience. (Round coefficient estimates to at least 4 decimal places and final answer to 2 decimal places.) Wage 40-year-old male per hour to to 40-year-old female per hour c-1. Interpret the estimated coefficient for Male The male coefficient implies that males earn $2.29 per hour more than females at the firm, holding everything else the same. ic Graw