Coefficient on education, Managerial Economics

Let Consider the following (familiar) equation which estimates the number of hours of sleep / year  that someone gets as a function of hours worked / year (total work), education (in years) and age. Assume this equation is estimated using a new data set of 64 people and the results are

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a.  Test the null hypothesis that the coefficient on education is equivalent to 6 at the 5% level.

 

 

Posted Date: 3/25/2013 6:43:34 AM | Location : United States







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