Read the box The Gender Gap of Earnings of College Graduates in the United States in Section

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Read the box "The Gender Gap of Earnings of College Graduates in the United States" in Section 3.4.

a. Construct a \(95 \%\) confidence interval for the change in men's average hourly earnings between 1996 and 2015 .

b. Construct a \(95 \%\) confidence interval for the change in women's average hourly earnings between 1996 and 2015.

c. Construct a \(95 \%\) confidence interval for the change in the gender gap in average hourly earnings between 1996 and 2015.

\(\bar{Y}_{m, 1996}-\bar{Y}_{w, 1996}\) is independent of \(\bar{Y}_{m, 2015}-\bar{Y}_{w, 2015}\).

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Introduction To Econometrics

ISBN: 9780134461991

4th Edition

Authors: James Stock, Mark Watson

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