Your textbook discussed the regression model when X is a binary variable
Yi = β0 + β1Di + ui,i = 1... ,n
Let Y represent wages,and let D be one for females,and 0 for males.Using the OLS formula for the slope coefficient,prove that 
is the difference between the average wage for males and the average wage for females.
Definitions:
Insight Therapy
A type of psychotherapy aimed at increasing a patient's awareness of underlying motives and defenses.
Lithium
A chemical element used as a medication to treat and prevent episodes of mania in people with bipolar disorder.
Naturally Occurring
Refers to processes, conditions, or events that exist or happen without human intervention.
Psychotherapy
A therapeutic treatment approach aimed at helping individuals understand their feelings, and to make positive changes in their behaviors and thought processes.
Q2: If the estimates of the coefficients of
Q9: Pseudo out of sample forecasting can be
Q11: Consider the following two models to explain
Q15: Your textbook estimates the initial relationship between
Q24: Currency swaps can result in savings for
Q25: The distributed lag model assumptions include all
Q25: Which of the following is not a
Q31: With heteroskedastic errors,the weighted least squares estimator
Q35: The Times Series Regression with Multiple Predictors<br>A)is
Q40: Which of the following statements about constant