ii. Estimate the regression model

educ = ₀ + ₁motheduc + ₂fatheduc + u

by OLS and report the results in equation form.

A:

regress educ motheduc fatheduc Source SS d f MS Number of obs = 1, 230 F (2, 1227) - 203. 68 Model 1697 . 9676 2 848 . 9838 Prob > F 0 . 0000 Residual 5114. 31207 1, 227 4. 1681435 R-squared 0 . 2493 Adj R-squared 0 . 2480 Total 6812. 27967 1, 229 5. 54294522 Root MSE 2 . 0416 educ Coefficient Std. err. t P> [ t | [95% conf. interval] motheduc . 3041971 . 0319266 9.53 0 . 000 . 2415603 . 366834 fatheduc . 1902858 . 0222839 8 .54 0 . 000 . 1465669 . 2340046 cons 6. 964355 3198205 21. 78 0 . 000 6 . 336899 7 . 59181