The following equations were estimated using the data in BWGHT.RAW: And The variables are defined as in
Question:
And
The variables are defined as in Example 4.9, but we have added a dummy variable for whether the child is male and a dummy variable indicating whether the child is classified as white.
(i) In the first equation, interpret the coefficient on the variable cigs. In particular, what is the effect on birth weight from smoking 10 more cigarettes per day?
(ii) How much more is a white child predicted to weigh than a nonwhite child, holding the other factors in the first equation fixed? Is the difference statistically significant?
(iii) Comment on the estimated effect and statistical significance of motheduc.
(iv) From the given information, why are you unable to compute the F statistic for joint significance of motheduc and fatheducl what would you have to do to compute the F statistic?
Step by Step Answer:
Introductory Econometrics A Modern Approach
ISBN: 978-0324660548
4th edition
Authors: Jeffrey M. Wooldridge