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  3. (12 marks) interpret the slope coefficient, 1, of

(12 marks) Interpret the slope coefficient, 1, of the following regression: MIDTERMMi=0+1Di+i,i=1,2,,n where MIDTERM Mi=1...

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(12 marks) Interpret the slope coefficient, 1, of the following regression: MIDTERMMi=0+1Di+i,i=1,2,,n where MIDTERM Mi=1 if the ith student received an A or A+ on the midterm exam in econometrics and =0 if not and Di=1 if the student had prior training in econometrics and =0 if not

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