Given the following regression results: Income = 20,000 + 2,000Years of Experience + 10,000 Male + 1,000Male x Years of experience calculate the following:
a. The expected income of a man with 3 years of work experience
b. The expected income of a woman with 3 years of work experience
c. The expected income of a man with no work experience
Correct Answer:
Verified
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Q14: Suppose we are interested in the effect
Q15: Consider the following regression results: Income
Q16: Explain the reason why we cannot include
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Q20: Explain how to deal with categorical variables
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