In studying the effect of race on job dismissals in the federal bureaucracy, a study6 used event
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In studying the effect of race on job dismissals in the federal bureaucracy, a study6 used event history analysis to model the hazard rate regarding termination of employment.
In modeling involuntary terminations using a sample of size 2141, they reported P < 0.001 in significance tests for the partial effects of race and age. They reported an estimated effect on the hazard rate of eˆβ = 2.13 for the coefficient of the dummy variable for being black.
Explain how to interpret this estimate.
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