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Can anyone help me with this thanks You estimate the following model 10 points Save In(wage,) = a + B In(educ;) + e where wage

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Can anyone help me with this thanks

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You estimate the following model 10 points Save In(wage,) = a + B In(educ;) + e where wage is the hourly wage of individual CiE and Eltext(educ} is the years of education of individual CiE. You get an estimate of @that(\\beta)=0.226 with a standard error of ((0.08). We interpret Elhat(\\beta] as: O a. a 10% increase in years of education increases the hourly wage by 0.22%, on average and ceteris paribus. O b. a 10% increase in years of education increases the hourly wage by 2.2%, on average and ceteris paribus. c. people with a university degree earn, on average, 2.2% more per hour than people without a university degree, on average and ceteris paribus. d. people with a university degree earn, on average, 22% more per hour than people without a university degree, on average and ceteris paribus. O e. a 1 year increase in years of education increases the hourly wage by 2.2%, on average and ceteris paribus

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