d) We conduct a regression of life on school, reg1, reg2, reg3, reg4, loggdp. The regression output is reported in Table 4. Interpret the sign and magnitude of loggdp. In answering the question, recall that loggdp is the base-10 logarithm of the per- capita GDP.

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Table 4
. regress life school regl reg2 reg3 reg4 loggdp, robust
Linear regression
Robust
life Coefficient std. err.
school
regl
reg2
reg3
reg4
loggdp
cons
.4186637
-6.909078 2.559028
2.634997
1.988855
1.518519
2.057195
1.757123
1.923287
8.457636
1.331801
34.18484
4.39715
Number of obs
F(6, 172)
Prob > F
R-squared
Root MSE
t P>|t|
-2.70 0.008
1.32 0.187
0.74 0.461
0.91 0.362
6.35 0.000
7.77 0.000
⠀⠀⠀⠀
179
113.21
-.0715223
-11.96022
-1.290709
-2.542079
-2.039161
5.828858
25.50552
00
0.7617
[95% conf. intervall
-1.857934
6.560702
5.579117
5.553407
11.08641
42.86417
Transcribed Image Text:Table 4 . regress life school regl reg2 reg3 reg4 loggdp, robust Linear regression Robust life Coefficient std. err. school regl reg2 reg3 reg4 loggdp cons .4186637 -6.909078 2.559028 2.634997 1.988855 1.518519 2.057195 1.757123 1.923287 8.457636 1.331801 34.18484 4.39715 Number of obs F(6, 172) Prob > F R-squared Root MSE t P>|t| -2.70 0.008 1.32 0.187 0.74 0.461 0.91 0.362 6.35 0.000 7.77 0.000 ⠀⠀⠀⠀ 179 113.21 -.0715223 -11.96022 -1.290709 -2.542079 -2.039161 5.828858 25.50552 00 0.7617 [95% conf. intervall -1.857934 6.560702 5.579117 5.553407 11.08641 42.86417
d) We conduct a regression of life on school, reg1, reg2, reg3, reg4, loggdp. The
regression output is reported in Table 4. Interpret the sign and magnitude of loggdp.
In answering the question, recall that loggdp is the base-10 logarithm of the per-
capita GDP.
Transcribed Image Text:d) We conduct a regression of life on school, reg1, reg2, reg3, reg4, loggdp. The regression output is reported in Table 4. Interpret the sign and magnitude of loggdp. In answering the question, recall that loggdp is the base-10 logarithm of the per- capita GDP.
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