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Need help ASAP! You are trying to estimate the effect of community volunteer hours on wages. Suppose that the fitted equation is log(W_i) = 3.26

Need help ASAP!

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You are trying to estimate the effect of community volunteer hours on wages. Suppose that the fitted equation is log(W_i) = 3.26 + 0.24Ed_i + 0.08Age_i + 0.16Exp_i + 0.012Comm_i, where W_i is the individual's hourly wage, Ed_i is education measured in years, Age_i is the age of the individual, Exp_i is job experience in years and Comm_i is community volunteer hours per week. What is the correct interpretation of the community volunteer hours coefficient? O a. A 1% increase in community volunteer hours per week is associated with a 1.2% increase in hourly wages. O b.A 1% increase in community volunteer hours per week is associated with an increase of $1.2 in hourly wages. O c. An additional hour of community volunteering per week is associated with an increase of $1.2 in hourly wages. O d. An additional hour of community volunteering per week is associated with a 1.2% increase in hourly wages

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