To explain personal consumption (CONS) measured in dollars, data is collected for INC: $\quad $ $\quad $ $\quad $ personal income in dollars CRDTLIM: $\quad $$1 plus the credit limit in dollars available to the individual APR: $\quad $ $\quad $ $\quad $ average annualized percentage interest rate for borrowing for the individual ADVT: $\quad $ $\quad $per person advertising expenditure in dollars by manufacturers in the city where the individual lives SEX: $\quad $ $\quad $ $\quad $gender of the individual; 1 if female, 0 if male A regression analysis was performed with CONS as the dependent variable and ln(CRDTLIM), ln(APR), ln(ADVT), and SEX as the independent variables. The estimated model was Y^{^}= 2.28 - 0.29 ln(CRDTLIM) + 5.77 ln(APR) + 2.35 ln(ADVT) + 0.39 SEX What is the correct interpretation for the estimated coefficient for SEX? A) Holding everything else fixed, personal consumption for males is estimated to be 0.39% higher than females on the average. B) Holding everything else fixed, personal consumption for females is estimated to be 0.39% higher than males on the average. C) Holding everything else fixed, personal consumption for females is estimated to be $0.39 higher than males on the average. D) Holding everything else fixed, personal consumption for males is estimated to be $0.39 higher than females on the average.

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The Answer of To explain personal consumption (CONS) measured in dollars, data is collected for INC: $\quad $ $\quad $ $\quad $ personal income in dollars CRDTLIM: $\quad $$1 plus the credit limit in dollars available to the individual APR: $\quad $ $\quad $ $\quad $ average annualized percentage interest rate for borrowing for the individual ADVT: $\quad $ $\quad $per person advertising expenditure in dollars by manufacturers in the city where the individual lives SEX: $\quad $ $\quad $ $\quad $gender of the individual; 1 if female, 0 if male A regression analysis was performed with CONS as the dependent variable and ln(CRDTLIM), ln(APR), ln(ADVT), and SEX as the independent variables. The estimated model was Y^{^}= 2.28 - 0.29 ln(CRDTLIM) + 5.77 ln(APR) + 2.35 ln(ADVT) + 0.39 SEX What is the correct interpretation for the estimated coefficient for SEX? A) Holding everything else fixed, personal consumption for males is estimated to be 0.39% higher than females on the average. B) Holding everything else fixed, personal consumption for females is estimated to be 0.39% higher than males on the average. C) Holding everything else fixed, personal consumption for females is estimated to be $0.39 higher than males on the average. D) Holding everything else fixed, personal consumption for males is estimated to be $0.39 higher than females on the average.

To Explain Personal Consumption (CONS) Measured in Dollars, Data Is \quad

To Explain Personal Consumption (CONS) Measured in Dollars, Data Is $\quad$