When regressing Murder on the dummy variable HSEducated, the estimated Constant means that: The average murder rate in states with more than 50% high school graduates is 10.66 fewer murders per 100,000 people than other states. The average murder rate in states with more than 50% high school graduates is 10.66 murders per 100,000
When regressing Murder on the dummy variable HSEducated, the estimated Constant means that: The average murder rate in states with more than 50% high school graduates is 10.66 fewer murders per 100,000 people than other states. The average murder rate in states with more than 50% high school graduates is 10.66 murders per 100,000
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
Transcribed Image Text:murder and Illiteracy
Illiteracy
Constant
Observations
R2
Residual Std. Error
=====
Note:
murder and HSEducated
HSEducatedEducated
Constant
Observations
R2
Residual Std. Error
======
Dependent variable:
Note:
Murder
4.257
(0.527)
2.397
(0.780)
50
0.494
2.653
Murder
Dependent variable:
-4.554
(0.980)
10.657
(0.835)
ΝΑ
50
0.313
3.091
=====
ΝΑ

Transcribed Image Text:When regressing Murder on the dummy variable HSEducated, the estimated Constant means that:
The average murder rate in states with more than 50% high school graduates is 10.66 fewer murders per
100,000 people than other states.
The average murder rate in states with more than 50% high school graduates is 10.66 murders per 100,000
people
The average murder rate in states with less than 50% high school graduates is 10.66 fewer murders per
100,000 people than other states.
The average murder rate in states with less than 50% high school graduates is 10.66 murders per 100,000
people
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