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Let kids denote the number of children ever born to a woman and let educ denote years of education for the woman. A simple model relating to the years of education is Kids = Bo+ Bieduc + u Where u in the unobserved error. (a) List three (3) factors are constrained in u?| (b) Are the factors listed in (1la) likely to be correlated with the level of education? (c) Will a simple regression analysis uncover the ceteris paribus effect of education on fertility?

Let kids denote the number of children ever born to a woman and let educ denote years of education for the woman. A simple model relating to the years of education is Kids = Bo+ Bieduc + u Where u in the unobserved error. (a) List three (3) factors are constrained in u?| (b) Are the factors listed in (1la) likely to be correlated with the level of education? (c) Will a simple regression analysis uncover the ceteris paribus effect of education on fertility?

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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Question Let kids denote the number of children ever born to a woman and let educ denote years of education for the woman. A simple model relating to the years of education is Kids = Bo+ Bieduc + u Where u in the unobserved error. (a) List three (3) factors are constrained in u? (b) Are the factors listed in (la) likely to be correlated with the level of education? (c) Will a simple regression analysis uncover the ceteris paribus effect of education on fertility?
Transcribed Image Text:Question Let kids denote the number of children ever born to a woman and let educ denote years of education for the woman. A simple model relating to the years of education is Kids = Bo+ Bieduc + u Where u in the unobserved error. (a) List three (3) factors are constrained in u? (b) Are the factors listed in (la) likely to be correlated with the level of education? (c) Will a simple regression analysis uncover the ceteris paribus effect of education on fertility?
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