Y 3375 145 male where y is annual income and male is an


How do you use ordinary least squares in this question:

"y = 33.75 + 1.45 MALE" where y is annual income and MALE is an indicator variable (1 for males, 0 for females). What is the average income for females and males?

Solution Preview :

Prepared by a verified Expert
Dissertation: Y 3375 145 male where y is annual income and male is an
Reference No:- TGS02661823

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)