Suppose a labor economist is interested in seeing whether there is a difference in earnings and education between people in the northeast and people in other parts of the country. He estimates the following regression:

where DUMi is a dummy variable equal to 1 if the person is from the northeast and equal to 0 zero if the person is from anywhere else.
Interpret the foregoing regression. Do people from the northeast earn more than people from other parts of the country?

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EARN; = 18,500 + 2,325EDUC; + 1,725DUM;