For the following regression equation
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For the following regression equation

13. For the following regression equation,

EARNINGS = 100 - 125 + 5EXP-5(S'EXP) - 6FEMALE

the marginal effect of a one unit increase in EXP, while holding S constant at a value of 4, decreases earnings on average by exactly dollars.

Recall: 

S = years of schooling 

EXP = years of experience 

FEMALE = 1 for females, and otherwise

Hint

Statistics

-5*4 = -20

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