Question: Using the cps09mar dataset perform an analysis similar to that presented in Section 28.18 but instead use the sub-sample of Hispanic women. This sample has
Using the cps09mar dataset perform an analysis similar to that presented in Section 28.18 but instead use the sub-sample of Hispanic women. This sample has 3003 observations. Which models are selected by BIC, AIC, CV and FIC? (The precise information criteria you examine may be limited depending on your software.) How do you interpret the results? Which model/estimate would you select as your preferred choice?
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