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Q1 a (5 points) Kingston is concerned about the rising costs of elementary school supplies. They are interested in implementing a voucher program, where students
Q1 a (5 points) Kingston is concerned about the rising costs of elementary school supplies. They are interested in implementing a voucher program, where students are given $100 per school year for school supplies. Before implementing the program city-wide, the city has asked you to estimate the effect of this program on provincial test scores. You have been offered a grant to run a controlled experiment. How would you structure the experiment in order to estimate the causal effect of this voucher program on test scores? + Drag and drop an image or PDF file or click to browse... Q1 b (5 points) Imagine that instead of receiving the grant, the city simply implements this program. Everyone who is eligible for the grant can apply for (and receive) the grant. You are then provided with a random sample of 1000 Kingstonians who were eligible for the voucher, some of who received the voucher and others who did not. You write a regression: testscore = a0 + a1 Voucher + 6 Are your OLS assumptions likely to hold here? List at least two factors that are contained in 6. Are these likely positive or negatively correlated with you independent variable, Voucher? + Drag and drop an image or PDF file or click to browse... Q1 c (5 points) Interpret a1 and 010 from the above regression in (b) + Drag and drop an image or PDF file or click to browse
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