Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Chrome File Edit View History Bookmarks Profiles Tab Window Help zoom S S! ( ) ) us Q . Tue Mar 14 8:35 PM ...

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
Chrome File Edit View History Bookmarks Profiles Tab Window Help zoom S S! ( ) ) us Q . Tue Mar 14 8:35 PM ... Mail - Pham, Trieu - Outlook X D2L Quizzes - Spring 2023 Econom X Course Hero x *Course Hero X + -> C A brightspace.Imu.edu/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d2|?ou=202182&isprv=&drc=0&qi=80197&cfql=0&dnb=0&from... of * ABP TP * I J Update : Apple History Research... Mail - Pham, Trieu... drexel one Imported From Sa... Blackboard Learn DZ App Fi Movies | Watch Fr... |Cheap domestic fl... international stud... U unicheck Exam X Time Limit: 1:30:00 Time Left:0:23:05 Trieu Pham: Attempt 1 Page 1: Question 17 (13 points) Saved 2 3 In your reading assignment "Estimating the labor market signaling value of GED", Murnane, Tyler, and Willett (2000) note that in some states average scores in the 40- 44 range will yield a pass and a GED (low state passing standards) while in other 4 5 6 states this score is not passing (high state passing standards). Scores above 44 yield a pass in all states. The researchers observed the following earning levels for white high school dropouts taking the exam in 1990: 8 9 10 11 12 State passing standard is: Low High 13 14 15 Test score is: 16 17 BT 40-44 $9,500 $7,800 >44 $9,200 $9,300 You want to estimate the value of the GED credential in the labor market. MAR 143 14 "tv 4 zoom OChrome File Edit View History Bookmarks Profiles Tab Window Help zoom S S! ( ) ) us Q . Tue Mar 14 8:35 PM ... Mail - Pham, Trieu - Outlook X D2L Quizzes - Spring 2023 Econom X Course Hero x *Course Hero X + -> C A brightspace.Imu.edu/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d2|?ou=202182&isprv=&drc=0&qi=80197&cfql=0&dnb=0&from... of * ABP TP * I J Update : Apple History Research... Mail - Pham, Trieu... drexel one Imported From Sa... Blackboard Learn DZ App Fi Movies | Watch Fr... Cheap domestic fl... & international stud... U unicheck Exam X Time Limit: 1:30:00 Time Left:0:23:01 Trieu Pham: Attempt 1 Page 1: 2 3 State passing standard is: Low High 4 5 6 Test score is: 8 9 40-44 $9,500 $7,800 >44 $9,200 $9,300 10 11 12 You want to estimate the value of the GED credential in the labor market. 13 14 15 a. What research method would you use? b. Write down the estimating equation(s). c. Which coefficient in this estimating equation would give you the value of GED 16 17 BT credential in labor market? (Your answers should be a coefficient like a, B, 7, 0, etc. depending on what you wrote in part b.) d. Calculate the value of GED credential in labor market? (Your answer should be a $ amount that corresponds to the coefficient you identified in part c.) low ken MAR 43 14 4 zoom

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

Anatomy Of A Fraud Investigation

Authors: Stephen Pedneault

1st Edition

470560479, 978-0470560471

More Books

Students also viewed these Economics questions

Question

What are the big five personality traits? (p. 60)

Answered: 1 week ago