Interpretation of the intercept in regressions


a) What is the interpretation of the intercept in regressions 1 and 2? Is the intercept meaningful?

b) Please construct a 95% confidence interval for the difference in expected earnings between a 30 year old male college graduate from the south and a 30 year old female college graduate from the south.

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Basic Statistics: Interpretation of the intercept in regressions
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