Question: When regressing Murder on the dummy variable HSEducated, the estimated Constant means that: The average murder rate in states with more than 50% high school
When regressing Murder on the dummy variable HSEducated, the estimated Constant means that: The average murder rate in states with more than 50% high school graduates is 10.66 murders per 100,000 people. The average murder rate in states with less than 50% high school graduates is 10.66 murders per 100,000 people. The average murder rate in states with more than 50% high school graduates is 10.66 fewer murders per 100,000 people than other states. The average murder rate in states with less than 50% high school graduates is 10.66 fewer murders per 100,000 people than other states
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