In a multiple regression model of salary (in $,000) as response with Male as a dummy variable taking the value 1 for male and 0 for female, the coefficient of Male is -3.4 with a p-value of 0.001. Which one of the following is the correct interpretation of this coefficient?
Select one:
a. Males earn $3,400 more than females.
b. Females earn $3,400 more than males.
c. Females earn $3,400 more than males on average.
d. Males earn $3,400 more than females on average.