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Question 16 points): Interpret slope coefficients only. Do not interpret constants. • Log-level: log(wage) = 0.584 + 0.083edu

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A) If education increases by 1 years then predicted value of wage increases by 8.3%.

B) If sales increase by 1 % then predicted salary increase by 0.257%.

C) If Commi increases by 100% then predicted value of Wagei increases by 13.2 dollars.

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Question 16 points): Interpret slope coefficients only. Do not interpret constants. • Log-level: log(wage) = 0.584...
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