a) Complete the following sentence to interpret the coefficient for In(duration). Be precise about the magnitude, direction, and units of the variables. When job posting duration increases by 1 PERCENTAGE POINT, or DOLLAR), the average GPA of the applicants that apply to the posting (INCREASE or DECREASE) by (PERCENT, (PERCENT, PERCENTAGE POINT, or DOLLAR), keeping wage and home office CHANGING). (CONSTANT or

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In(GPA) = Bo + Buwagen + Baln(duration,) + Brhome_office, +
The table below shows the STATA output of the regression estimated using
OLS.
reg 1n_GPA wage ln_duration home office
Source
Total
Ln_GPA
Model 20314.5011
3 6771.50037
39968.6278 28,508 1.40173382
Residual
wage
Ln_duration
home office
cons
SS
df
-
60275.1289 28,511 2.11410084
.0006432
-.4132811
.0964085
12.88994
Coef. Std. Err.
MS
5.47e-06
.0099153
0295845
Number of obs =
F(3, 28508)
Prob > F
R-squared
Adj R-squared
Root MSE
t P>|t|
117.58
0.000
0.000
4.18 0.000
435.70 0.000
||||||||||
.0006325
-.4327156
.0512295
12.83195
=
=
=
28,512
4830.80
0.0000
0.3370
0.3370
1.1839
[95% Conf. Intervall
.000654
-.3938467
1415876
12.94793
Transcribed Image Text:In(GPA) = Bo + Buwagen + Baln(duration,) + Brhome_office, + The table below shows the STATA output of the regression estimated using OLS. reg 1n_GPA wage ln_duration home office Source Total Ln_GPA Model 20314.5011 3 6771.50037 39968.6278 28,508 1.40173382 Residual wage Ln_duration home office cons SS df - 60275.1289 28,511 2.11410084 .0006432 -.4132811 .0964085 12.88994 Coef. Std. Err. MS 5.47e-06 .0099153 0295845 Number of obs = F(3, 28508) Prob > F R-squared Adj R-squared Root MSE t P>|t| 117.58 0.000 0.000 4.18 0.000 435.70 0.000 |||||||||| .0006325 -.4327156 .0512295 12.83195 = = = 28,512 4830.80 0.0000 0.3370 0.3370 1.1839 [95% Conf. Intervall .000654 -.3938467 1415876 12.94793
a) Complete the following sentence to interpret the coefficient for In(duration).
Be precise about the magnitude, direction, and units of the variables.
When job posting duration increases by 1
PERCENTAGE POINT, or DOLLAR), the average GPA of the applicants that
apply to the posting
(INCREASE or DECREASE) by
(PERCENT,
(PERCENT, PERCENTAGE POINT, or
DOLLAR), keeping wage and home office
CHANGING).
(CONSTANT or
Transcribed Image Text:a) Complete the following sentence to interpret the coefficient for In(duration). Be precise about the magnitude, direction, and units of the variables. When job posting duration increases by 1 PERCENTAGE POINT, or DOLLAR), the average GPA of the applicants that apply to the posting (INCREASE or DECREASE) by (PERCENT, (PERCENT, PERCENTAGE POINT, or DOLLAR), keeping wage and home office CHANGING). (CONSTANT or
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