logWage=B1 + B2 educ + €, where . 1. logWage means the log of yearly wage measured in dollars. 2. educ means years of education (schooling) The regression output is given below: reg logwage educ Source | SS df MS Number of obs = 100 F(2, 97) 97.20 Model 0.250000 1 .246632 Prob > F = 0.0000 Residual | 0.250000 98 .002537 R-squared = 0.5000 Adj R-squared = 0.4900 Total | 20000.00 99 200.00 Root MSE = 0.0503 logwage | Coef. Std. Err. t P>|t| [95% Conf. Interval] educ _cons | 0.40000 5.00000 0.200000 0.100000 2.00 0.050 0.0000000 0.800000 10.00 0.000 4.8000000 5.200000

logWage=B1 + B2 educ + €, where . 1. logWage means the log of yearly wage measured in dollars. 2. educ means years of education (schooling) The regression output is given below: reg logwage educ Source | SS df MS Number of obs = 100 F(2, 97) 97.20 Model 0.250000 1 .246632 Prob > F = 0.0000 Residual | 0.250000 98 .002537 R-squared = 0.5000 Adj R-squared = 0.4900 Total | 20000.00 99 200.00 Root MSE = 0.0503 logwage | Coef. Std. Err. t P>|t| [95% Conf. Interval] educ _cons | 0.40000 5.00000 0.200000 0.100000 2.00 0.050 0.0000000 0.800000 10.00 0.000 4.8000000 5.200000

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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