Interpret the conficient on female in the following regression: sleep-3549-166 totwrk +2.74 age -85.15 female + u (1:30) (34.37) R² = 0.1166 (018) n = 706 Standard errors appear in parentheses. In this equation sleep is the number of minutes an individual sleeps per week, totwrk is the number of minutes worked per week, age is the person's age, and female = 1 if the person is a woman (0, otherwise).

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Interpret the coefficient on female in the following regression:
olcep-3549-166 toturk +2.74 age-85.15 female + û
(018)
R² = 0.1166 n = 706
Standard errors appear in parentheses. In this equation sleep is the number of minutes an
individual sleeps per week, totwrk is the number of minutes worked per week, age is the
person's age, and female = 1 if the person is a woman (0, otherwise).
Transcribed Image Text:Interpret the coefficient on female in the following regression: olcep-3549-166 toturk +2.74 age-85.15 female + û (018) R² = 0.1166 n = 706 Standard errors appear in parentheses. In this equation sleep is the number of minutes an individual sleeps per week, totwrk is the number of minutes worked per week, age is the person's age, and female = 1 if the person is a woman (0, otherwise).
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