A researcher is using a panel data set on n = 1000 workers over T = 10 years (from 2001 through 2010) that contains the workers' earnings, gender, education, and age. The researcher is interested in the effect of education on earnings. Suppose you run a regression of earnings on person-specific and time-specific control variables. Can this regression be used to estimate the effect of gender on an individual's earnings or the effect of the national unemployment rate on an individual's earnings? O A. Neither effect can be estimated using this regression. O B. It can be used to estimate the effect of both gender and the national unemployment rate on an individual's earnings O C. It can be used to estimate the effect of gender on an individual's earnings, but not the effect of the national unemployment rate on an individual's earnings. O D. It can be used to estimate the effect of the national unemployment rate on an individual's earnings, but not the effect of gender on an individual's earnings.
A researcher is using a panel data set on n = 1000 workers over T = 10 years (from 2001 through 2010) that contains the workers' earnings, gender, education, and age. The researcher is interested in the effect of education on earnings. Suppose you run a regression of earnings on person-specific and time-specific control variables. Can this regression be used to estimate the effect of gender on an individual's earnings or the effect of the national unemployment rate on an individual's earnings? O A. Neither effect can be estimated using this regression. O B. It can be used to estimate the effect of both gender and the national unemployment rate on an individual's earnings O C. It can be used to estimate the effect of gender on an individual's earnings, but not the effect of the national unemployment rate on an individual's earnings. O D. It can be used to estimate the effect of the national unemployment rate on an individual's earnings, but not the effect of gender on an individual's earnings.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:A researcher is using a panel data set on n = 1000 workers over T = 10 years (from 2001 through 2010) that contains the workers' earnings, gender, education, and
age. The researcher is interested in the effect of education on earnings. Suppose you run a regression of earnings on person-specific and time-specific control
variables.
Can this regression be used to estimate the effect of gender on an individual's earnings or the effect of the national unemployment rate on an individual's earnings?
A. Neither effect can be estimated using this regression.
B. It can be used to estimate the effect of both gender and the national unemployment rate on an individual's earnings
C. It can be used to estimate the effect of gender on an individual's earnings, but not the effect of the national unemployment rate on an individual's earnings.
D. It can be used to estimate the effect of the national unemployment rate on an individual's earnings, but not the effect of gender on an individual's earnings.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman