You have read in the news that due to current COVID-19 pandemic, women work less, thus they make 70 cents to the $1 that men earn. To test this hypothesis, you first regress weekly earnings of individuals (EARN, in dollars) on a constant and their Age (in years), and their level of education (EDUC, in years) a binary variable (Female) , which takes on a value of 1 for female and is 0 otherwise. The results are: Estimated(EARN) = 570.70 + 5.33(Age) - 170.72(Female) + 18.99(EDUC), n= 110, R² = 0.084, SER= 282.12 Standard errors are as here: SE(intercept)=(9.44) SE(Age)=(0.57) SE(Female)=(13.52) SE(EDUC) = 3.1
You have read in the news that due to current COVID-19 pandemic, women work less, thus they make 70 cents to the $1 that men earn. To test this hypothesis, you first regress weekly earnings of individuals (EARN, in dollars) on a constant and their Age (in years), and their level of education (EDUC, in years) a binary variable (Female) , which takes on a value of 1 for female and is 0 otherwise. The results are: Estimated(EARN) = 570.70 + 5.33(Age) - 170.72(Female) + 18.99(EDUC), n= 110, R² = 0.084, SER= 282.12 Standard errors are as here: SE(intercept)=(9.44) SE(Age)=(0.57) SE(Female)=(13.52) SE(EDUC) = 3.1
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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