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We are interested in the determinants of wage. In stata, Run a regression with wage as your Y outcome and educ, tenure, female, married, numdep(aka
We are interested in the determinants of wage. In stata, Run a regression with "wage" as your Y outcome and "educ", "tenure", "female", "married", "numdep"(aka number of kids) 13. Write the OLS Regression for this ( you do not need to include the SE). 14. What is the partial effect of married on wage. 15. Is there a significant difference in wage of a married person and a single person at the 5% level (give your justification) 16. Are the number of dependents (kids) a significant determinate of wage (give your justification at the 5% level) 17. With 95% confidence, what is the expected interval of difference between a woman's wage and a man's wage? 18. What is the null hypothesis of the overall F statistic used in Stata. 19. In words, what does this null really mean, what is it truly testing about the model? 20. Look at the F statistic and P value of the F statistic, would you accept or reject the null
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