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please answer all questions step by step 4.Q6: You are given the following estimated regression: Yi = -0.2610-2.3606D21 - 1.7327D3i+ 0.8028xi, Where Y: hourly wage
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4.Q6: You are given the following estimated regression: Yi = -0.2610-2.3606D21 - 1.7327D3i+ 0.8028xi, Where Y: hourly wage in dollars, X: education (years of schooling), D2: 1 if female, 0 if male, D3: 1 if non-white and non-Hispanic, 0 if otherwise. 1. What is the interpretation of the coefficient of D2i? 2. What is the interpretation of the coefficient of D3i? 10. 3. What is the interpretation of the coefficient of Xi? * (6 Points) Enter your Step by Step Solution
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