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Two new variables, the market value of the firm (a measure of firm size, in millions of dollars) and stock return (a measure of firm performance, in percentage points), are added to the regression: In(Earnings) 3.86 (0.03) 0.28 Female + 0.37 ln(MarketValue) + 0.004 Return, (0.04) || | (0.004) (0.003) where n = 46, 670 and R? = 0.345.

Two new variables, the market value of the firm (a measure of firm size, in millions of dollars) and stock return (a measure of firm performance, in percentage points), are added to the regression: In(Earnings) 3.86 (0.03) 0.28 Female + 0.37 ln(MarketValue) + 0.004 Return, (0.04) || | (0.004) (0.003) where n = 46, 670 and R? = 0.345.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Two new variables, the market value of the firm (a measure of firm size, in millions of dollars) and stock return (a measure of firm performance, in percentage points), are added to the regression: In(Earnings) 3.86 (0.03) 0.28 Female + 0.37 In(Market Value) + 0.004 Return, (0.04) (0.004) (0.003) where n = - 46, 670 and R² 0.345. ССО 321 Page 3 of 3 (d) Interpret the estimated value of the coefficient on In(Market Value). (e) Are large firms more likely than small firms to have female top executives? Explain.
Transcribed Image Text:Two new variables, the market value of the firm (a measure of firm size, in millions of dollars) and stock return (a measure of firm performance, in percentage points), are added to the regression: In(Earnings) 3.86 (0.03) 0.28 Female + 0.37 In(Market Value) + 0.004 Return, (0.04) (0.004) (0.003) where n = - 46, 670 and R² 0.345. ССО 321 Page 3 of 3 (d) Interpret the estimated value of the coefficient on In(Market Value). (e) Are large firms more likely than small firms to have female top executives? Explain.
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