New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    As per the regression data available: Wage = 11

    + 0.24age - 0.23Illiterate + 0.14Married - 0.27Married*Illiterate, where the variables are self-explanatory. Consider married individuals with equal age. Compared to illiterate income, literate income is higher by
    A 0.50 Correct Answer Incorrect Answer
    B 0.47 Correct Answer Incorrect Answer
    C 0.13 Correct Answer Incorrect Answer
    D 0.35 Correct Answer Incorrect Answer

    Solution

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