Statistics Question: (look at PNG)
Suppose a movie studio has surveyed 1,000 random 18-22 year olds to see if they’ve watched their latest movie, and they wish to estimate the following regression model using OLS:


Where
if person i has watched the movie (and = 0 otherwise),

if person i was a student (and = 0 otherwise), and

is the natural log of person i's parents' income.



The OLS estimate of the
parameter will tell us...

Group of answer choices

The percent of students who watched the movie.

The likelihood of a non-student having watched the movie.

The difference in the likelihood of watching the movie between a student and a non-student, controlling for parental income.

The likelihood of a non-student with parent’s income of $0 having watched the movie.