Interpret the belavg coefficient. thank you Consider the following regression estimates (XM3):Linear regressionNumber of obs1,2608.22F(2, 1257)Prob > F0.0003R-squared0.0125Root MSE.59124RobustlwageCoef.Std. Err.tP>|t|[95% Conf. Interval]-.2087896-.3099225belavgabvavg.0515497-4.050.000-.1076566-.0454376.0376333-1.210.228-.1192687.0283935_cons1.698296.021946577.380.0001.655241.741351whereiwoge is the natural logarithm of wage,belavg = 1 if the person's looks are rated as below average, andabvavg = 1 if the person's looks are rated as above average.Interpret the belovg coefficient.I| || ||| I

Answered: Consider the following regression…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter4: Polynomial And Rational Functions

Section4.6: Variation

Problem 37E

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