Suppose you calculate s b 1 = 325 and s b2 = 285 , and you know

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Suppose you calculate sb1 = 325 and sb2 = 285 , and you know that 50 observations were used to estimate the model. Test the significance of the regression coefficients in question 17.

Question 17

Suppose a labor economist is interested in the effect of experience and education on income. He obtains the following regression.image text in transcribed

Interpret the regression coefficients for EXPER and EDUC.

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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