Question
Florida State alumni office models the donation amount of IU alumni as a function of their gender(Male vs.Female)and Marital Status(Single vs.Married)by using the following regression
Florida State alumni office models the donation amount of IU alumni as a function of their gender (Male vs. Female) and Marital Status (Single vs. Married) by using the following regression model.
ln(Donation Amount)=5.3-1*Male+0.2*Married
where Male and Married are the two dummy-coded independent variables that take the value of 1 if the donor is male and married, respectively. All estimates are significant at the 5% level.
Based on the estimated regression model, what is the predicted donation amount for married males (round your answer to closest integer)?
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