:
A researcher obtained data from a random sample of 3796 high school seniors interviewed in 1980 and uses the data to investigate the relationship between years of completed education (Education) and being a female. Female is a dummy variable equals to 1 if the student is a female and if the student is a male. Education is measured by the years of education completed. The regression yields the following result Education = 13.8 -0.008 Female (0.04) (0.06) (1) a. Interpret the estimated coefficients ( B, and B.) in regression (1) above. Note: your quantitative interpretation has to be formulated in the exact dimensions of the dependent variable and independent variables involved