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econometrics could you help me to answer these questions? But have to you the R Studio Computer Exercises C1 Use the data in WAGE1 for
econometrics
could you help me to answer these questions? But have to you the R Studio
Computer Exercises C1 Use the data in WAGE1 for this exercise. Find the average education level in the sample. What are the lowest and highest years of education? (ii) Find the average hourly wage in the sample. Does it seem high or low? (iii) The wage data are reported in 1976 dollars. Using the Internet or a printed source, find the Consumer Price Index (CPI) for the years 1976 and 2013.@v) (v) Use the CPI values from part (iii) to find the average hourly wage in 2013 dollars. Now does the average hourly wage seem reasonable? How many women are in the sample? How many men? G2 Use the data in BWGHT to answer this question. (1) (iii) (iv) (v) How many women are in the sample, and how many report smoking during pregnancy? What is the average number of cigarettes smoked per day? Is the average a good measure of the \"typical\" woman in this case? Explain. Among women who smoked during pregnancy, what is the average number of cigarettes smoked per day? How does this compare with your answer from part (ii), and why? Find the average of fatheduc in the sample. Why falje only 1,192 observations used to compute . this average? i Report the average family income and its standard deviation in dollarsStep by Step Solution
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