c. Suppose you estimate B₁ = -2.5. Interpret it. (10 points) Average for treatment group d. You test for balance using the variables mentioned in the table below. Based on the results below do you think that the treatment and control group are balanced? If your answer is "yes" then explain why. If your answer is "no", then explain why and mention how will you address the issue of imbalance. (15 points) Variable Average for control group Difference t statistic for difference class size 50.50 50.20 0.30 1.02 parents' income (monthly) $8060.60 $8050.10 10.50 -3.12 student's income (monthly) $900.50 $900.60 -0.10 -0.41 Male (1 for male and =0 for females) 0.51 0.50 0.01 0.29 Experiments Research suggests that if students use laptops in class, it can have some effect on student achievement. While laptop usage can help students take lecture notes faster, some argue that the laptops may be a source of distraction for the students. Suppose you are interested in looking at the effect of using laptops in class on the students' final exam scores out of 100. You decide to conduct a randomized control trial where you randomly assign some students at UIC to use a laptop in class and other to not use a laptop in class. (Assume that the classes are in person and not online) a. Which people are a part of the treatment group and which people are a part of the control group? (10 points) b. What regression will you run? Define the variables where required. (10 points)
c. Suppose you estimate B₁ = -2.5. Interpret it. (10 points) Average for treatment group d. You test for balance using the variables mentioned in the table below. Based on the results below do you think that the treatment and control group are balanced? If your answer is "yes" then explain why. If your answer is "no", then explain why and mention how will you address the issue of imbalance. (15 points) Variable Average for control group Difference t statistic for difference class size 50.50 50.20 0.30 1.02 parents' income (monthly) $8060.60 $8050.10 10.50 -3.12 student's income (monthly) $900.50 $900.60 -0.10 -0.41 Male (1 for male and =0 for females) 0.51 0.50 0.01 0.29 Experiments Research suggests that if students use laptops in class, it can have some effect on student achievement. While laptop usage can help students take lecture notes faster, some argue that the laptops may be a source of distraction for the students. Suppose you are interested in looking at the effect of using laptops in class on the students' final exam scores out of 100. You decide to conduct a randomized control trial where you randomly assign some students at UIC to use a laptop in class and other to not use a laptop in class. (Assume that the classes are in person and not online) a. Which people are a part of the treatment group and which people are a part of the control group? (10 points) b. What regression will you run? Define the variables where required. (10 points)
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.15P
Related questions
Question
Transcribed Image Text:c. Suppose you estimate B₁ = -2.5. Interpret it. (10 points)
Average for
treatment group
d. You test for balance using the variables mentioned in the table below. Based on the
results below do you think that the treatment and control group are balanced? If your
answer is "yes" then explain why. If your answer is "no", then explain why and mention
how will you address the issue of imbalance. (15 points)
Variable
Average for
control group
Difference
t statistic
for difference
class size
50.50
50.20
0.30
1.02
parents' income (monthly)
$8060.60
$8050.10
10.50
-3.12
student's income (monthly)
$900.50
$900.60
-0.10
-0.41
Male (1 for male and =0 for females)
0.51
0.50
0.01
0.29
Transcribed Image Text:Experiments
Research suggests that if students use laptops in class, it can have some effect on student
achievement. While laptop usage can help students take lecture notes faster, some argue
that the laptops may be a source of distraction for the students. Suppose you are interested
in looking at the effect of using laptops in class on the students' final exam scores out of 100.
You decide to conduct a randomized control trial where you randomly assign some students
at UIC to use a laptop in class and other to not use a laptop in class. (Assume that the classes
are in person and not online)
a. Which people are a part of the treatment group and which people are a part of the
control group? (10 points)
b. What regression will you run? Define the variables where required. (10 points)
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
Unlock instant AI solutions
Tap the button
to generate a solution
Recommended textbooks for you
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning
