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In the following OLS regression results, explain the fitted regression model. Succinctly state how the average salary is estimated to change with firm size, and

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In the following OLS regression results, explain the fitted regression model. Succinctly state how the average salary is estimated to change with firm size, and what the other reported information tells you. Variable Model(1) LogioEmpl Coefficient 95% confidence interval -0.043* * * -0.048 (0.002) -0.038 Constant 1.403* * * 1.392 1.413 (0.005) Dependent variable: LogioAvgSal (AvgSal: average salary) Independent variable: LogioEmplempl: Employee, which is a measure of firm size) Robust standard error in parentheses p>0.001

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