Exercise 3 Consider an equation to explain salaries of CEOs in terms of annual firm sales, return on equity (roe, in percent form), and a dummy variable called, rosneg, which is equal to one if
the return on the firm's stock over the 2008-2012 period is negative and equal to zero if it is
nonnegative
In salary) = Be + B, In sales) + B roe + B rosneg + u.
-266. How would you
Suppose that we estimate the equation above and obtain a value of B,
interpret this number?

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

i hope this you! : )

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.