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 fertility to years of education is:

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 8E
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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 fertility
to years of education is:
kids; = Bo + B1educ; + uż.
1. What are the parameters in the model?
2. What kinds of factors are contained in u? Are these likely to be cor-
related with level of education?
3. Will a simple regression analysis uncover the ceteris paribus effect of
education on fertility? Explain.
Transcribed Image Text: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 fertility to years of education is: kids; = Bo + B1educ; + uż. 1. What are the parameters in the model? 2. What kinds of factors are contained in u? Are these likely to be cor- related with level of education? 3. Will a simple regression analysis uncover the ceteris paribus effect of education on fertility? Explain.
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