Question: Suppose that you estimated a regression model using ordinary least squares with a dummy indicator of adults marital status as the outcome (0=not married, 1=married)

Suppose that you estimated a regression model using ordinary least squares with a dummy indicator of adults’ marital status as the outcome (0=not married, 1=married) and a continuous measure of years of schooling (range: 9 to 22) as the predictor. Suppose that you obtained the following statistically signifi cant coeffi cient estimates for the prediction equation: ˆ

β 0 = −0.10 for the intercept and ˆ

β1

= 0.04 for the slope. Respond to the following:

(a) Interpret the slope coeffi cient.

(b) Write the prediction equation.

(c) Calculate and interpret the predicted values when education is the following values: 9, 12, 16, and 22.

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