Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following is a regression using the same earnings data that we have seen on the homework. The variable educ represents the number of

  

The following is a regression using the same earnings data that we have seen on the homework. The variable educ represents the number of years of school completed. .reg earnings age educ height weight Source SS df MS Number of obs F(4, 17865) 17,870 911.80 Model 12.1960e+12 Residual | 1.0757e+13 5.4900e+11 17,865 602103714 Prob > F R-squared = 0.0000 Adj R-squared Total 1.2953e+13 17,869 724863544 Root MSE 0.1694 24538 earnings Coefficient Std. err. t P>|t| [95% conf. interval] age educ T 335.571 18.41505 18.22 0.000 299.4757 371.6663 1 3940.177 70.16664 0.000 3802.643 4077.71 height 466.3295 weight -4.977433 3.876278 9.24 0.000 -1.28 367.4161 565.2429 -12.57531 2.620448 cons 3352.679 -15.085 0.000 -57146.16 -44003.01 1 Fill in the blanks Complete the missing information in the Stata output above. 2 SER Calculate the standard error of the regression. Hint: this can be written as S 3 S Calculate the sample variance of earnings. Hint: you could use SER or a sum of squares.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Basic Marketing Research

Authors: Tom J. Brown, Tracy A. Suter, Gilbert A. Churchill

8th edition

1133188540, 978-1111525293, 1111525293, 978-1305178571, 1305178572, 978-1133188544

More Books

Students also viewed these Economics questions