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Interpret the coefficient estimates. Note that `factor(SEX)2` is the dummy variable that represents the difference between wages between group 2 and the base group group
Interpret the coefficient estimates. Note that `factor(SEX)2` is the dummy variable that represents the difference between wages between group 2 and the base group group 1, other things equal (i.e., 2=Female, 1=Male). Also, note that `AGE_12` contains five year ranges, so the coefficient is the change in expected wages for an additional five years of age, other things equal.
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