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Statistics - Regression - Interpret the Results

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An expert witness in a case of alleged racial discrimination in a state university school of nursing introduced a regression of the determinants of salary of each professor for each year during an 8-year period (n= 423) with the following results with dependent varable year (year in which the salary observed) and predictors year hire(year when the individual was hired), Race (1 if individual is black, 0 otherwise), and Rank (1 if individual is an assistant professor, 0 otherwise). Interpret thes results.

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