You regress a dummy for being unemployed on a dummy for being male. The constant (β0) from that regression is 0.2. This means that.
A. Men are 0.2 percent more likely to be unemployed than women.
B. Men are 20 percent more likely to be unemployed than women.
C. Men are 20 percentage points more likely to be unemployed than women.
D. 20 percent of women are unemployed.
Answer: D. 20 percent of women are unemployed.