Econometric (Theory Task)

You want to study whether employers discriminate against minorities in their hiring decisions. You have a data set of people who sent job applications to firms. The dataset contains information on the following: interview: whether a person was invited for an interview (i.e. a binary indicator that equals one if a person applied and was invited for an interview and zero otherwise) minority: a person's minority status: a binary indicator that equals one if the person is from an ethnic minority and zero otherwise yrs_educ: a person's years of education (a continuous variable) female: whether a person is female or not (also a binary indicator)

question:

2. Explain what parameter you are interested in estimating and provide an interpretation of this parameter.