Question: Question 12 1 pts Suppose that in a linear regression model hourly wages are explained as a function of gender, where the dummy variable female


Question 12 1 pts Suppose that in a linear regression model hourly wages are explained as a function of gender, where the dummy variable female takes on a value of 1 if the worker is a female and 0 otherwise: SRL : wage = 25 + 2 * female Which interpretation(s) are correct for this SRL? An additional female worker increases hourly wages by 2 dollars on average. Men earn on average 25 dollars per hour. )Women earn on average two dollars more per hour than men. O Men are the baseline group
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
