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When we regress a variable Y on a dummy variable D we obtain the intercept coefficient B0 = 10.6 and the coefficient on D to
When we regress a variable Y on a dummy variable D we obtain the intercept coefficient B0 = 10.6 and the coefficient on D to be B1 = 1.4. The sample size is 500 and the sample mean of D is 0.765. What is the sample mean of Y conditional on D=1? Enter your numerical answer in the space below and nothing else (otherwise it will not be marked). Report your answer to 4 decimal places.
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