Consider the Following Two Models Involving Binary Variables as Explanatory

question 32

Essay

Consider the following two models involving binary variables as explanatory variables: = + DFemme and = DFemme + Male
where Wage is the hourly wage rate,DFemme is a binary variable that is equal to 1 if the person is a female,and 0 if the person is a male.Male = 1 - DFemme.Even though you have not learned about regression functions with two explanatory variables (or regressions without an intercept),assume that you had estimated both models,i.e. ,you obtained the estimates for the regression coefficients.
What is the predicted wage for a male in the two models? What is the predicted wage for a female in the two models? What is the relationship between the β s and the φs? Why would you prefer one model over the other?

Acknowledge the essential roles of vitamins in enzyme activity.

Understand the AIDA approach to crafting persuasive application letters.

Identify key elements to include in an effective application letter and résumé.

Recognize effective follow-up strategies after submitting a résumé.

---

Definitions:

Merchants

Businesses or individuals engaged in the sale of goods, particularly in a specialized market.

Communication

In a contract, an offer made to the offeree or the offeree’s agent.

Consumer Lease

is a contract where an individual leases goods for personal, family, or household purposes for a set period of time.

Personal Use

The use of a product, service, or property for an individual's private and non-commercial purposes.