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Pls tell fast II. (17pts) Consider the following two estimated models (1) and (2), with all the variables already described in Problem I. Dependent variable:

Pls tell fast

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II. (17pts) Consider the following two estimated models (1) and (2), with all the variables already described in Problem I. Dependent variable: (1) log (wage) (2) educ 0 . 057+*# 0 . 061*## (0 . 006) (0. 006) tenure 0. 018-# 0. 023*## (0 . 009) (0. 009) black 0. 070 (0.276) tenuresq 0 . 0003 (0. 0005) 0 . 0004 (0. 001) educ : black 0. 031 (0.021) tenure : black 0. 018-* (0. 008) Constant 5. 924+*+ (0 . 088) 5. 829*# (0. 083) observations 935 935 R2 0. 170 0. 137 Note: #p

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