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This model accepts that the normal logarithm of an individual's compensation is a straight capacity of the quantity of long periods of training that

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This model accepts that the normal logarithm of an individual's compensation is a straight capacity of the quantity of long periods of training that individual has obtained. The boundary {\displaystyle \beta _{1}}\beta _{1} measures the expansion in the normal log of the pay inferable from another extended period of schooling. The term {\displaystyle \varepsilon }\varepsilon is an irregular variable addressing any remaining elements that might have direct impact on wage. The econometric

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