Suppose that a researcher, using wage data on 240 randomly selected male workers and 269 female workers, estimates the OL S regression Wage = 12

Suppose that a researcher, using wage data on 240 randomly selected male workers and 269 female workers, estimates the OL S regression Wage = 12.019 +2.035 x Male, R2 = 0.06, SER=4.0, (0.2208) (0.3456) where Wage is measured in dollars per hour and Male is a binary variable that is equal to 1 if the person is a male and 0 if the person is a female. Define the wage gender gap as the difference in mean earnings between men and women. What is the estimated gender gap? The estimated gender gap equals s per hour. (Round your response to three decimal places.) The null and alternative hypotheses are Ho: B1 = 0 versus Hy: B, +0. The t-statistic for testing the null hypothesis that there is no gender gap is (Round your response to two decimal places.) The p-value for testing the null hypothesis that there is no gender gap is (Round your response to four decimal places.)