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The folkwooing questions refer to the tables of estimated regressions. computed using data for 2012 from the CPS. The data set consists of information on

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The folkwooing questions refer to the tables of estimated regressions. computed using data for 2012 from the CPS. The data set consists of information on 7440 full-time, full-year workers, The highest educational achievement for each worker was either a high school diploma or a bachelor's degree. The worker's ages ranged from 25 to 34 years. The data set also concern information on the region of the country where the perpon lived, marital status, and number of children. For the purpopes of these quercipes, let ANE = average hourly earnings in 2012 dollarg College = binary variable [1 if colege, 0 if high school] Female . binary variable (1 if female, 0 if male) Call : Im (formula = ahe ~ bachelor + female + age) Residuals: Min 10 Median 30 Max -23.688 -6.207 -1. 708 4. 280 75.302 Coefficients: Estimate Std. Error t value Pr (>It|) (Intercept) 1. 86620 1. 18760 1. 571 0. 116 bachelor 8. 31863 0. 22739 36.584

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