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Econometrics could you solve the problems? and show step by step, and provide formulas if you use it Computer Exercises C1 Use the data in
Econometrics
could you solve the problems? and show step by step, and provide formulas if you use it
Computer Exercises C1 Use the data in WAGE1 for this exercise. (i) 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.
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
