Use the data in WAGES.XLS and statistical software to run a regression where MARRIED is explained by
Question:
Use the data in WAGES.XLS and statistical software to run a regression where MARRIED is explained by a constant term, WAGES, ED, and PRO.
(A) Interpret all four structural parameters.
(B) What is the probability that a college grad (ED = 16) in a profession with WAGES = 9.0 is married?
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Related Book For
Essential Econometric Techniques A Guide To Concepts And Applications
ISBN: 9781032101217,9781000538588
3rd Edition
Authors: Elia Kacapyr
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