The following model studies human welfare using the General Social Survey in the US: happy = 0.014 +0.209regattend + 0.103occattend + 0.027income + 0.009educ +0.003 female where happy is a dummy variable equal to one if a person is happy, and 0 otherwise: regattend is a dummy variable equal to one if a person regularly attends church, and 0 otherwise: occattend is a dummy variable equal to one if a person occasionally attends church, and 0 otherwise; income is family income in tens of thousands : educ is years of schooling: female = 1 if female. = 0 otherwise Interpret the impact of religion on happiness.

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The following model studies human welfare using the General Social Survey in the US:
happy = 0.014 + 0.209regattend + 0.103occattend + 0.027income + 0.009educ +0.003 female
where happy is a dummy variable equal to one if a person is happy, and 0 otherwise:
regattend is a dummy variable equal to one if a person regularly attends church, and 0 otherwise:
occattend is a dummy variable equal to one if a person occasionally attends church, and 0 otherwise;
income is family income in tens of thousands:
educ is years of schooling:
female = 1 if female. = 0 otherwise
Interpret the impact of religion on happiness.
Transcribed Image Text:The following model studies human welfare using the General Social Survey in the US: happy = 0.014 + 0.209regattend + 0.103occattend + 0.027income + 0.009educ +0.003 female where happy is a dummy variable equal to one if a person is happy, and 0 otherwise: regattend is a dummy variable equal to one if a person regularly attends church, and 0 otherwise: occattend is a dummy variable equal to one if a person occasionally attends church, and 0 otherwise; income is family income in tens of thousands: educ is years of schooling: female = 1 if female. = 0 otherwise Interpret the impact of religion on happiness.
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