Use the following regression results to answer the remaining questions. Y measures average hourly earnings AHE in U. S. dollars for each individual, X1 (College) is a binary variable that is 1 if a person has a college degree and 0 if not, X2 (Female) is a binary variable that is 1 if a person is female and 0 if a person is not female, X3 (Experience) is a continuous variable for years of experience, and X4 (Experience2) is the quadratic term of Experience.
Regressor Dependent variable:
Average hourly earnings (AHE)
College (X) 4.50
(0.22)
Female X) -2.50
(0.22)
Experience X 1.2
(0.04)
Experience -0.02
(0.001)
Intercept 11.50
(1.18)
Deja is a female college graduate with 4 years in work experience. What's the expected change in the average hourly earnings (AHE) associated with an additional year of experience for Deja?