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Suppose you are interested in the effect of education on wages. To this goal, you run the following regression in R: where indexes the individuals
Suppose you are interested in the effect of education on wages. To this goal, you run the following regression in R: where indexes the individuals in your sample. The reported t-test statistic on is 2.09, and the reported coefficient is . Furthermore, you know your sample size is large enough for the t-distribtion to be very close to a normal distribution. What can you conclude given this information
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