help me do parts 2.5 and 2.6 for me. Please provide explanations too. KEY CONCEPTS—REVIEW AND PRACTICE PROBLEMS114Phad spend puncte inon the way home.What fallacy, discussed in this chapter, does this amusing tweet referto?2.5. Economics training and earnings. A recent paper reports thatstudents who majored in economics earned median wages at the ageof forty of $90,000 in 2018, whereas students who majored in othersocial sciences earned only $65,000. Provide two different narratives,one that explains the above relationship as a simple correlation, onethat is based on a causal effect.2.6. Class size and student performance. Economic researchshows that primary school children in classes of smaller size havebetter educational achievements (such as higher test scores) thanchildren in larger classes. Provide two different narratives, one that2.4. A FORCE FOR THE GOOD92explains the above relationship as a simple correlation, one that is KEY CONCEPTS—REVIEW AND PRACTICE PROBLEMS114Phad spend puncte in95 of 548students who majored in economics earned median wages at the ageUI IUity of $90,000 in 2018, whereas students who majored in othersocial sciences earned only $65,000. Provide two different narratives,one that explains the above relationship as a simple correlation, onethat is based on a causal effect.2.6. Class size and student performance. Economic researchshows that primary school children in classes of smaller size havebetter educational achievements (such as higher test scores) thanchildren in larger classes. Provide two different narratives, one that2.4. A FORCE FOR THE GOOD92explains the above relationship as a simple correlation, one that isbased on a causal effect.2.7. Roads and development. A recent research paper, studyingthe mid-20th century construction of the US Interstate Highway Sys-tem, finds that counties with highways passing through them had17% higher employment than counties without highways by 2014.

“Since you have asked multiple questions, we will solve the first question for you. If you want any…

12.5. Economics training and earnings. A recent paper reports that students who majored in economics earned median wages at the age of forty of $90,000 in 2018, whereas students who majored in other social sciences earned only $65,000. Provide two different narratives, one that explains the above relationship as a simple correlation, one that is based on a causal effect.