To Explain Personal Consumption (CONS) Measured in Dollars, Data Is $$\hat { Y } = 2.28 - 0.29 \text { CRDTLIM + } 5.77 \text { APR + } 2.35 \text { ADVT + } 0.39 \text { SEX }$$

Multiple Choice

To explain personal consumption (CONS) measured in dollars, data is collected for INC: personal income in dollars
CRDTLIM: $1 plus the credit limit in dollars available to the individual
APR: mean annualized percentage interest rate for borrowing for the individual
ADVT: per person advertising expenditure in dollars by manufacturers in the city where
The individual lives
SEX: gender of the individual; 1 if female, 0 if male
A regression analysis was performed with CONS as the dependent variable and CRDTLIM, APR,
ADVT, and GENDER as the independent variables. The estimated model was $$\hat { Y } = 2.28 - 0.29 \text { CRDTLIM + } 5.77 \text { APR + } 2.35 \text { ADVT + } 0.39 \text { SEX }$$ What is the correct interpretation for the estimated coefficient for GENDER?

A) Holding the effect of the other independent variables constant, mean personal consumption for females is estimated to be $0.39 higher than males.
B) Holding the effect of the other independent variables constant, mean personal consumption for males is estimated to be $0.39 higher than females.
C) Holding the effect of the other independent variables constant, mean personal consumption for females is estimated to be 0.39% higher than males.
D) Holding the effect of the other independent variables constant, mean personal consumption for males is estimated to be 0.39% higher than females.