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In (WAGE) = B,+ B,EDUC + B,EDUC² + B,EXPER+ B,EXPER + B, (EDUC × EXPER) + e The above regression is fitted with a range of restrictions. The regression results are given below: Coefficient Estimates and (Standard Errors) Variable Eqn (A) Egn (B) Egn (C) Eqn (D) Egn (E) 0.403 1.483 1.812 2.674 1.256 (0.771) (0.495) (0.494) (0.109) (0.191) EDUC 0.175 0.0657 0.0669 0.0997 (0.091) (0.0692) (0.0696) (0.0117) EDUC -0.0012 0.0012 0.0010 (0.0027) (0.0024) (0.0024) EXPER 0.0496 0.0228 0.0314 0.0222 (0.0172) (0.0091) (0.0104) (0.0090) -0.00060 -0.00031 EXPER -0.00038 -0.00032 (0.00019) (0.00019) (0.00022) (0.00019) EXPER x EDUC -0.001703 (0.000935) SSE 37.326 37.964 40.700 52.171 38.012 What is the value of Ftest statistic for the restriction on the coefficients of Equation E that give Equation D? Note: Sample size N is 200 Select one: O a 3.89 O b. 5.85 O. 1.78 Od. 73.01

In (WAGE) = B,+ B,EDUC + B,EDUC² + B,EXPER+ B,EXPER + B, (EDUC × EXPER) + e The above regression is fitted with a range of restrictions. The regression results are given below: Coefficient Estimates and (Standard Errors) Variable Eqn (A) Egn (B) Egn (C) Eqn (D) Egn (E) 0.403 1.483 1.812 2.674 1.256 (0.771) (0.495) (0.494) (0.109) (0.191) EDUC 0.175 0.0657 0.0669 0.0997 (0.091) (0.0692) (0.0696) (0.0117) EDUC -0.0012 0.0012 0.0010 (0.0027) (0.0024) (0.0024) EXPER 0.0496 0.0228 0.0314 0.0222 (0.0172) (0.0091) (0.0104) (0.0090) -0.00060 -0.00031 EXPER -0.00038 -0.00032 (0.00019) (0.00019) (0.00022) (0.00019) EXPER x EDUC -0.001703 (0.000935) SSE 37.326 37.964 40.700 52.171 38.012 What is the value of Ftest statistic for the restriction on the coefficients of Equation E that give Equation D? Note: Sample size N is 200 Select one: O a 3.89 O b. 5.85 O. 1.78 Od. 73.01

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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In (WAGE) = B, + B,EDUC + B,EDUC² + B,EXPER+ B,EXPER² + Bo (EDUC × EXPER) + e The above regression is fitted with a range of restrictions. The regression results are given below: Coefficient Estimates and (Standard Errors) Eqn (A) Eqn (C) Eqn (D) Eqn (E) Variable Eqn (B) 0.403 1.483 1.812 2.674 1.256 (0.771) (0.495) (0.494) (0.109) (0.191) EDUC 0.175 0.0657 0.0669 0.0997 (0.091) (0.0692) (0.0696) (0.0117) EDUC -0.0012 0.0012 0.0010 (0.0027) (0.0024) (0.0024) EXPER 0.0496 0.0228 0.0314 0.0222 (0.0172) (0.0091) -0.00038 -0.00032 (0.0104) (0.0090) EXPER -0.00060 -0.00031 (0.00019) (0.00019) (0.00022) (0.00019) EXPER X EDUC -0.001703 (0.000935) SSE 37.326 37.964 40.700 52.171 38.012 What is the value of F-test statistic for the restriction on the coefficients of Equation E that give Equation D? Note: Sample size N is 200 Select one: O a. 3.89 O b. 5.85 O. 1.78 O d. 73.01
Transcribed Image Text:In (WAGE) = B, + B,EDUC + B,EDUC² + B,EXPER+ B,EXPER² + Bo (EDUC × EXPER) + e The above regression is fitted with a range of restrictions. The regression results are given below: Coefficient Estimates and (Standard Errors) Eqn (A) Eqn (C) Eqn (D) Eqn (E) Variable Eqn (B) 0.403 1.483 1.812 2.674 1.256 (0.771) (0.495) (0.494) (0.109) (0.191) EDUC 0.175 0.0657 0.0669 0.0997 (0.091) (0.0692) (0.0696) (0.0117) EDUC -0.0012 0.0012 0.0010 (0.0027) (0.0024) (0.0024) EXPER 0.0496 0.0228 0.0314 0.0222 (0.0172) (0.0091) -0.00038 -0.00032 (0.0104) (0.0090) EXPER -0.00060 -0.00031 (0.00019) (0.00019) (0.00022) (0.00019) EXPER X EDUC -0.001703 (0.000935) SSE 37.326 37.964 40.700 52.171 38.012 What is the value of F-test statistic for the restriction on the coefficients of Equation E that give Equation D? Note: Sample size N is 200 Select one: O a. 3.89 O b. 5.85 O. 1.78 O d. 73.01
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