Repeat Problem 10.1, but now use a dummy variable for education. Divide the education level into three
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Repeat Problem 10.1, but now use a dummy variable for education. Divide the education level into three categories: did not complete high school, completed at least high school, and completed at least a bachelor’s degree. Compare the interpretation you would make of the effects of education on income in this problem and in Problem 10.1.
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Related Book For
Practical Multivariate Analysis
ISBN: 9781032088471
6th Edition
Authors: Abdelmonem Afifi, Susanne May, Virginia A. Clark, Robin Donatello
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