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5: You are given the following estimated .7 cregression i = -0.2610 - 2.3606D21 - 1.7327D31 + ,0.8028Xi Where Y: hourly wage in dollars, X:
5: You are given the following estimated .7 cregression i = -0.2610 - 2.3606D21 - 1.7327D31 + ,0.8028Xi Where Y: hourly wage in dollars, X: education (years of schooling), D2: 1 if female, 0 if male, D3: 1 if non-white and .non-Hispanic, O if otherwise What is the interpretation of the .1 coefficient of D2i? (1mark) What is the interpretation of the .2 coefficient of D3i?(1mark) What is the interpretation of the .3 * coefficient of Xi
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