Results of Regressions of Average Hourly Earnings on Sex and Education Binary Variables and Other Characteristics Using 2015 Data from the Current Population Survey Dependent variable: average hourly earnings (AHE). Regressor (1) (2) (3) College (X) 10.47 (0.29) 10.44 (0.29) 1042 (0.29) Female (X) -4.9 (0.29) -4.56 (1.29) -4.57 (0.29) Age (X) 0.61 (0.06) 161 (0.05) 074 (0.47) Northeast (N) Midwest (X) -154 (0.40) South (X) 0.44 (0.37) 0.33 (1.47) Intercept 18.15 (0.19) 0.11 (1.46) Summary Statistics and Joint Tests Fstatistic testing regional effects 0 9.32 SER 12.15 12.03 12.01 R 0.185 7178 717N Use the regression results in column (3): Juanita is a 28-ycar-old female college graduate from the South. Molly is a 28-year-old female college graduate from the West. Construct a 95% confidence interval for the difference in expected earnings between Juanita and Molly. O 1-4.33, 4.33 O 11.41, 2.83] O 19.90, 11.04 O -1.17, 0.291
Results of Regressions of Average Hourly Earnings on Sex and Education Binary Variables and Other Characteristics Using 2015 Data from the Current Population Survey Dependent variable: average hourly earnings (AHE). Regressor (1) (2) (3) College (X) 10.47 (0.29) 10.44 (0.29) 1042 (0.29) Female (X) -4.9 (0.29) -4.56 (1.29) -4.57 (0.29) Age (X) 0.61 (0.06) 161 (0.05) 074 (0.47) Northeast (N) Midwest (X) -154 (0.40) South (X) 0.44 (0.37) 0.33 (1.47) Intercept 18.15 (0.19) 0.11 (1.46) Summary Statistics and Joint Tests Fstatistic testing regional effects 0 9.32 SER 12.15 12.03 12.01 R 0.185 7178 717N Use the regression results in column (3): Juanita is a 28-ycar-old female college graduate from the South. Molly is a 28-year-old female college graduate from the West. Construct a 95% confidence interval for the difference in expected earnings between Juanita and Molly. O 1-4.33, 4.33 O 11.41, 2.83] O 19.90, 11.04 O -1.17, 0.291
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![bachelor's degree. The workers' ages ranged from 25 to 34 years. The data set also contains
information on the region of the country where the person lived, marital status, and number of
children. Let
AHE=average hourly earnings
College=binary variable (1 if college, O if high school)
Female-binary variable (1 if female, O if high male)
Age-age in years
Northeast-binary variable (1 if Region=Northeast, O otherwise)
Midwest-binary variable (1 if Region=Midwest, O otherwise)
South=binary variable (1 if Region=South, O otherwise)
West-binary variable (1 if Region=West, O otherwise)
Results of Regressions of Average Hourly Earnings on Sex and Education Binary Variables
and Other Characteristics Using 2015 Data from the Current Population Survey
Dependent variable: average hourly earnings (AHE).
Regressor
(1)
(2)
(3)
College (X;)
10.47
(0.29)
10.44
(0.29)
10.42
(0.29)
Female (X)
-4.56
(1.29)
-4.57
(0.29)
-4.69
(0.29)
Age (X)
0.61
(0.06)
(0.06)
Northeast (N)
0.74
(047)
Midwest (X)
-1.54
(0.40)
South (X)
0.44
(0.37)
Intercept
18.15
0.11
0.33
(1.47)
(0.19)
(1.46)
Summary Statistics and Joint Tests
F-statistic testing regional effects = 0
9.32
SER
12.15
12.03
12.01
R
a165
0.182
0.185
7178
7178
7178
Use the regression results in column (3): Juanita is a 28-year-old female college graduate from the
South. Molly is a 28-year-old female college graduate from the West. Construct a 95% confidence
interval for the difference in expected earnings between Juanita and Molly.
O 1-4.33, 4.33]
O 1.41, 2.831
O 19.90, 11.041
O -1.17, 0.29]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2d57a69b-d769-4348-905e-a108c8171bbb%2F225b6b70-411a-4049-b84a-965434ba6710%2Fc8v66zn_processed.png&w=3840&q=75)
Transcribed Image Text:bachelor's degree. The workers' ages ranged from 25 to 34 years. The data set also contains
information on the region of the country where the person lived, marital status, and number of
children. Let
AHE=average hourly earnings
College=binary variable (1 if college, O if high school)
Female-binary variable (1 if female, O if high male)
Age-age in years
Northeast-binary variable (1 if Region=Northeast, O otherwise)
Midwest-binary variable (1 if Region=Midwest, O otherwise)
South=binary variable (1 if Region=South, O otherwise)
West-binary variable (1 if Region=West, O otherwise)
Results of Regressions of Average Hourly Earnings on Sex and Education Binary Variables
and Other Characteristics Using 2015 Data from the Current Population Survey
Dependent variable: average hourly earnings (AHE).
Regressor
(1)
(2)
(3)
College (X;)
10.47
(0.29)
10.44
(0.29)
10.42
(0.29)
Female (X)
-4.56
(1.29)
-4.57
(0.29)
-4.69
(0.29)
Age (X)
0.61
(0.06)
(0.06)
Northeast (N)
0.74
(047)
Midwest (X)
-1.54
(0.40)
South (X)
0.44
(0.37)
Intercept
18.15
0.11
0.33
(1.47)
(0.19)
(1.46)
Summary Statistics and Joint Tests
F-statistic testing regional effects = 0
9.32
SER
12.15
12.03
12.01
R
a165
0.182
0.185
7178
7178
7178
Use the regression results in column (3): Juanita is a 28-year-old female college graduate from the
South. Molly is a 28-year-old female college graduate from the West. Construct a 95% confidence
interval for the difference in expected earnings between Juanita and Molly.
O 1-4.33, 4.33]
O 1.41, 2.831
O 19.90, 11.041
O -1.17, 0.29]
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