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(d) Eliminating the Size and Dlibart variables from your regression, the estimation regression becomes = 5,450.35 + 3,538.84 Reputation + 10,935.70 Dpriv - 2,783.31 Dreligion
(d) Eliminating the Size and Dlibart variables from your regression, the estimation regression becomes
= 5,450.35 + 3,538.84 Reputation + 10,935.70 Dpriv - 2,783.31 Dreligion;
= 0.72, SER = 3,792.68
Why do you think that the effect of attending a private institution has increased now?
(e) What can you say about causation in the above relationship? Is it possible that Cost affects Reputation rather than the other way around?
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