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Interpret the results of the following regression equation for the category college education: Y = life expectancy, with higher values indicating a longer life, X
Interpret the results of the following regression equation for the category college education:
Y = life expectancy, with higher values indicating a longer life, X = education binary/dummy variable where 0 = less than college education and 1 = college education or higher.
In other words, how much longer do college educated people live on average than people without a college education?
Y(pred)=76.8+(4.25)X
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