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QUESTION 4 Estimate the population regression model: 3 TestScore=B+B STR +B Income + Lunch + B Income? +B Income + u 1 i i

 

QUESTION 4 Estimate the population regression model: 3 TestScore=B+B STR +B Income + Lunch + B Income? +B Income + u 1 i i i i i where E[uISTR]=0 and predict TestScore at the sample median of all the right-hand side variables. What is the predicted TestScore (two decimal places)? i 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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The MASchools dataset has two variables that correspond to the testscore variable Scores of 4 and 8 employing three predictorsStratio Income and Lunchto fit separate regression models on each test res... blur-text-image
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