How do I interpret Gender Dummy Variables?


Can anyone explain to me how I interpret dummy variable output? I am used to looking at gender as two variables not as a dummy. I am new to statistics and am looking at data from an ols regression model. The gender dummy variable - women (1-0) is significant but I am just trying to understand how I interpret this. If I am looking at gender differences against the dependent variable 'equality' How does this include men? Does is at all? Any help would be very much appreciated.


Mean Joe

TS Contributor
For example, if the WOMEN variable has parameter estimate 1.4, then when WOMEN=0 (ie male) you have EQUALITY=<whatever> + 1.4*0, and when WOMEN=1 (ie female) you have EQUALITY=<whatever> + 1.4*1.

You don't need two variables because there's no way WOMEN=0 and MEN=0, or WOMEN=1 and MEN=1 for an individual.
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