Question
Estimate the population regression model: whereand predictat the sample median of all the right-hand side variables. What is the predicted (two decimal places) ? Note
Estimate the population regression model:
whereand predictat the sample median of all the right-hand side variables. What is the predicted (two decimal places)?
Note that in tutorial sessions we have done very similar exercises with the sample average of regressors instead of the sample median.
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Microeconomics and Behavior
Authors: Robert Frank
9th edition
9780077723750, 78021693, 77723759, 978-0078021695
