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We Are Interested in Whether or Not Education's Effect on Happiness

Question 30

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We are interested in whether or not education's effect on happiness is the same for whites and blacks. Here is a regression model using GSS2006 data. The dependent variable is an index of happiness where 0 = not happy up to 4 = very happy.
Dependent Variable: Happiness Index

 Dependent Variable: Happiness Index  Independent Variable  Slope  Respondent’s Education in Years .07 Respondent’s Race (White =0 , Black =1) .83 Interaction: Education × Race .07 Constant 1.69\begin{array}{lr} \text { Dependent Variable: Happiness Index }\\ \text { Independent Variable } & \text { Slope } \\ \text { Respondent's Education in Years } &.07 \\ \text { Respondent's Race (White =0 , Black =1) } &.83 \\ \text { Interaction: Education × Race } &-.07 \\ \text { Constant } &1.69\end{array} R-squared = .03
n = 1719
Simply by talking about the slopes, describe the effect of education on happiness for both whites and blacks.

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The first slope tells us that education ...

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