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5 You estimate the following regression Wages .10623 - 29395 - Collogo - 1725 -Hispanic -5865 . College . Hispanic where Wages, are annual wages
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You estimate the following regression Wages .10623 - 29395 - Collogo - 1725 -Hispanic -5865 . College . Hispanic where Wages, are annual wages in dollars College, is a dummy variable that equals one if the individual is a college graduate and equals zero otherwise Hispanic, is a dummy variable that equals one if the individual is Hispanic and equals zoro othersise What is the estimated change in wages if someone who is Hispanic graduates from college (compared to before graduating from colege)? s What is the estimated wage difference between a Hispanic college graduate and a non Hispanic college graduate (when answering this question do Hispanic minus non Hapana)? sStep by Step Solution
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