At the end of the semester the lecturer runs a regression using the student's final grade as the dependent variable and a male dummy (equals one if the student is male and equals zero otherwise) as the sole explanatory variable. If the estimated intercept is 66 and the estimated coefficient on the male dummy is -2 then what is the estimated mean mark for males in this course?

At the end of the semester the lecturer runs a regression using the student's final grade as the dependent variable and a male dummy (equals one if the student is male and equals zero otherwise) as the sole explanatory variable. If the estimated intercept is 66 and the estimated coefficient on the male dummy is -2 then what is the estimated mean mark for males in this course?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter7: Production Economics

Section: Chapter Questions

Problem 1.3CE

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