log (wage) = -0.90 + 0.11edục where wage is measured in dollars per hour, and educ denotes the years of schooling. We can conclude that the wage gap between a high school graduate with 12 years of education The following sample regression function has been estimated for wage (wage) and education (educ), and a university graduate with 16 years of education would approximately be a) 44 % O b) 0.44 % 4.4 % d) 44 $ e) 0.44 $

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log (wage) = -0.90 + 0.11educ: where wage is measured in dollars per hour, and educ denotes the years
of schooling. We can conclude that the wage gap between a high school graduate with 12 years of education
The following sample regression function has been estimated for wage (wage) and education (educ),
and a university graduate with 16 years of education would approximately be
a) 44 %
b) 0.44 %
c) 4.4 %
d) 44 $
e) 0.44 $
Transcribed Image Text:log (wage) = -0.90 + 0.11educ: where wage is measured in dollars per hour, and educ denotes the years of schooling. We can conclude that the wage gap between a high school graduate with 12 years of education The following sample regression function has been estimated for wage (wage) and education (educ), and a university graduate with 16 years of education would approximately be a) 44 % b) 0.44 % c) 4.4 % d) 44 $ e) 0.44 $
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