Interpret the estimated education coefficient. Is the estimate of the constant statistically significant at the 5% level? Explain how you reached this conclusion.Imagine you want to test with an F-test whether the effect of married and nonwhite are jointly significantly different from zero. Write down the null and alternative hypothesis for such a test . reg wage educ female married nonwhite, robustLinear regressionNumber of obsF(4, 521)Prob > FedTurn on AutoSave to save changes as they happen.KOOT MSERobustwageCoef. Std. Err.tP>|t|8.31 0.000educfemale.4949029 .0595304.2582568-2.087084-8.08 0.000married1.181312. 25850294.57 0.000nonwhite-.0056151.374514-0.01 0.988_cons-.0394287 .7266146-0.05 0.957=526=37.55=0.0000=0.28253.1402[95% Conf. Interval].3779538.611852-2.594437-1.579732.67347551.689148-.7413581.730128-1.4668831.388026

Given: Education coefficient = 0.4949 p value = 0.000 Constant = -0.0394 p value = 0.9570

tion coefficient. Is the estimate of the constant statistically significant at the 5% level? Explain how you reached this conclusion. Imagine you want to test with an F-test whether the effect of married and nonwhite are jointly significantly different from zero. Write down the null and alterna

tion coefficient. Is the estimate of the constant statistically significant at the 5% level? Explain how you reached this conclusion. Imagine you want to test with an F-test whether the effect of married and nonwhite are jointly significantly different from zero. Write down the null and alterna

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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A researcher has found a strong relationship between level of education and income and concludes that “higher levels of education cause higher income.” What error has been made?
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