Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I am trying to run a regression of the logarithm of average hourly earnings, ln(AHE), on Age, Age2, Female, and Bachelor. but it wont run
I am trying to run a regression of the logarithm of average hourly earnings, ln(AHE), on Age, Age2, Female, and Bachelor.
but it wont run and I am not sure why.
the dataset it from:
https://www.princeton.edu/~mwatson/Stock-Watson_4E/Stock-Watson-Resources-4e.html
its the CPS2015 (Used in EE 8.2) dataset
model4 summary (model4) :1 (Top Level) # sole Background Jobs * R 4.1.1 .~/ iduals: Min 10 Median 30 Max 59410 -0.28720 0.01002 0. 30250 2.06247 fficients: Estimate Std. Error t value Pr(>Itl) tercept) 0.32325 0. 19608 1. 649 0. 0993 age) 0. 71537 0. 05784 12.368Step 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