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2. A single dummy independent variable: Interpreting dummy variables Suppose that information about gender is coded as 1 if the person is female,

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2. A single dummy independent variable: Interpreting dummy variables Suppose that information about gender is coded as " 1 " if the person is female, and " 0 " otherwise. Consider the following simple model of determination: wage=0+0female+1educ+u, educ stands for years of schooling. correlated with gender.) Check all that apply. If 0

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