To Explain Personal Consumption (CONS) Measured in Dollars, Data Is

question 206

Multiple Choice

To explain personal consumption (CONS) measured in dollars, data is collected for A regression analysis was performed with CONS as the dependent variable and ln(CRDTLIM) , ln(APR) , ln(ADVT) , and SEX as the independent variables. The estimated model was
Ŷ - 2.28 - 0.29 ln(CRDTLIM) + 5.77 ln(APR) + 2.35 ln(ADVT) + 0.39 SEX
What is the correct interpretation for the estimated coefficient for SEX?

• A) Holding everything else fixed, mean personal consumption for females is estimated to be $0.39 higher than males.
• B) Holding everything else fixed, mean personal consumption for males is estimated to be $0.39 higher than females.
• C) Holding everything else fixed, mean personal consumption for females is estimated to be 0.39% higher than males.
• D) Holding everything else fixed, mean personal consumption for males is estimated to be 0.39% higher than females.

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