Question: Seem to get this answer wrong, I know it isn't C. are mutually exclusive events. (e) Both (b) and (c). Exercise 5 The population model

Seem to get this answer wrong, I know it isn't C.

are mutually exclusive events. (e) Both (b) and (c). Exercise 5 The population model is given by salary = Bo + Bage + Bagdegree + Bygdegree . age + n. The variable salary is measured in dollars, age is measured in years and gdegree is a dummy variable that takes the value of 1 if the person has a graduate degree and zero otherwise. The base group is individuals without a graduate degree. Which of the following is false? (a) Bo is the intercept for a individuals without a graduate degree. (b) We would expect B, to be positive. (c) B, is the slope for a individuals with a graduate degree. (d) By is the difference in intercept between a individuals with and without graduate degrees. (e) Both (c) and (d)

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