Question: True or False: In the regression below, b 1 indicates the effect of the frequency of exercise on life satisfaction for the employed: Y life

True or False:

In the regression below, b1 indicates the effect of the frequency of exercise on life satisfaction for the employed:

Ylife satisfaction=a+b1Xexercise+b2Xunemployed + b3(Xexercise * Xunemployed)

Note: X1 is a continuous variable for the frequency of exercise per month and X2 is a dummy variable in which employed=0 and unemployed=1.

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