Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Please use STATA for the following analysis and please provide the STATA syntax. In this question, we will estimate a model of life expectancy

1. Please use STATA for the following analysis and please provide the STATA syntax. In this question, we will estimate a model of life expectancy at birth across the 50 states and the District of Columbia using median income. The data is following. You must complete the following tasks. Use 5% level of significance for the estimation. (1) Clearly propose and identify the model specification you would like to estimate. You may use appropriate data visualization tools to help you identify the specification. Please provide your reasoning. You will need to find supporting articles in the literature for your reasoning. Relevant articles can be easily found online and downloaded through our library (e.g. JSTOR). Please provide a clear quotation and list of references. (2) Estimate the model in (1) using the data below. Explain your findings? Does the estimated coefficient fit with your expectations from the literature?

state life expectancy (years) Median Income (thousands) Alabama 75.4 40.933 Alaska 78.3 57.848 Arizona 79.6 46.896 Arkansas 76 38.587 California 80.8 54.283 Colorado 80 60.233 Connecticut 80.8 65.998 Delaware 78.4 55.214 D.C. 76.5 56.928 Florida 79.4 44.066 Georgia 77.2 44.117 Hawaii 81.3 59.539 Idaho 79.5 47.05 Illinois 79 50.728 Indiana 77.6 46.139 Iowa 79.7 49.016 Kansas 78.7 46.054 Kentucky 76 41.104 Louisiana 75.7 39.3 Maine 79.2 47.9 Maryland 78.8 64.201 Massachusetts 80.5 60.934 Michigan 78.2 46.276 Minnesota 81.1 52.321 Mississippi 75 38.16 Missouri 77.5 45.817 Montana 78.5 41.28 Nebraska 79.8 52.504 Nevada 78.1 51.2 New Hampshire 80.3 66.633 New Jersey 80.3 62.968 New Mexico 78.4 45.134 New York 80.5 49.781 North Carolina 77.8 43.83 North Dakota 79.5 51.006 Ohio 77.8 45.886 Oklahoma 75.9 43.103 Oregon 79.5 50.602 Pennsylvania 78.5 48.314 Rhode Island 79.9 51.623 South Carolina 77 41.698 South Dakota 79.5 45.352 Tennessee 76.3 38.591 Texas 78.5 47.266 Utah 80.2 56.701 Vermont 80.5 55.928 Virginia 79 60.367 Washington 79.9 56.163 West Virginia 75.4 42.777 Wisconsin 80 50.351 Wyoming 78.3 52.201

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Differential Equations and Linear Algebra

Authors: Jerry Farlow, James E. Hall, Jean Marie McDill, Beverly H. West

2nd edition

131860615, 978-0131860612

More Books

Students also viewed these Mathematics questions