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Using the EAEF data set, regress LGEARN on S, EXP, and ASVABC.Use F-tests to determine whether the coefficients on S and EXP are 1 a
Using the EAEF data set, regress LGEARN on S, EXP, and ASVABC.Use F-tests to determine whether the coefficients on S and EXP are 1 a jointly significant, and b equal. EARNINGS = current hourly earnings in reported in 2002 interview. S = Years of schooling (highest grade completed as of 2002). EXP = Total out-of-school work experience (years) as of the 2002 interview. ASVABC = Scaled standardized test score.
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