In a multiple linear regression model, , where is a binary variable and is the years of experience, is the difference in the average wage between males and non-males, after accounting for experience.

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Quizplus · Accepted Answer

The model includes both a binary variable and a continuous variable as predictors, making it a multiple linear regression model. The coefficient for the binary variable would represent the difference in the average wage between males and non-males, after controlling for years of experience.

In a Multiple Linear Regression Model, , Where Is a Binary