Question: Suppose the following table was generated from sample data of 20 employees relating hourly wage to years of experience and whether or not they have

Suppose the following table was generated from sample data of 20 employees relating hourly wage to years of experience and whether or not they have a college degree. Using statistical software, create indicator (dummy) variable for the variable "Degree" and find the regression equation. Is there enough evidence to support the claim that on average employees with a college degree have higher hourly wages than those without a college degree at the 0.05 level of significance? If yes, write the coefficient of the dummy variable in the space provided, rounded to two decimal places. Else, select "There is not enough evidence."

Hourly wages of employees

Wage Experience Degree

23.56 32 No

31.95 31 Yes

23.31 31 No

15.01 12 No

18.93 13. Yes

13.30. 4 No

16.88 12 Yes

27.25 21. Yes

12.90 6 Yes

13.60 7. No

8.46. 5. Yes

22.22. 17 Yes

15.90. 10 Yes

19.18 24 No

0.28 0 Yes

29.64 25. Yes

13.58 9 No

19.87 28 No

22.29 29 No

17.80. 20 No

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