Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Dependent Variable: LOGWAGE Method: Least Squares Date: 04/08/23 Time: 21:29 Sample: 1 930 Included observations: 930 Variable Coefficient Std. Error t-Statistic Prob. EXPER 0.016263
Dependent Variable: LOGWAGE Method: Least Squares Date: 04/08/23 Time: 21:29 Sample: 1 930 Included observations: 930 Variable Coefficient Std. Error t-Statistic Prob. EXPER 0.016263 0.014537 1.118755 0.2635 EXP2 -0.000615 6.685606 0.000605 -1.017416 0.081608 0.3092 81.92349 0.0000 R-squared 0.001475 Mean dependent var 6.779629 Adjusted R-squared -0.000679 S.D. dependent var 0.421470 S.E. of regression 0.421613 Akaike info criterion 1.113762 Sum squared resid 164.7810 Schwarz criterion 1.129359 Log likelihood -514.8991 Hannan-Quinn criter. 1.119711 F-statistic Prob(F-statistic) 0.684722 Durbin-Watson stat 1.699885 0.504485 Coefficient Confidence Intervals Date: 04/09/23 Time: 01:17 Sample: 1 930 Included observations: 930 Variable Coefficient Low 90% CI High Low 95% CI High Low 99% CI High EXPER EXP2 0.016263 -0.000615 -0.007672 0.040197 -0.001611 0.000380 C 6.685606 6.551239 6.819973 -0.012266 0.044791 -0.001802 0.000571 6.525448 6.845764 -0.021258 0.053784 -0.002176 0.000945 6.474964 6.896248
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started