For this question you will use the dataset "march01.dat", which includes wages (column 1), age (column 2), a dummy variable indicating females (column 3), and years of education (column 4). You will need to turn in a printed copy of your M-file and your graph from Question 3.

1. Create a dummy variable that indicates individuals who went to college: college=1 if education> 12, college=0 if education≤ 12.

2. Display the average wage of females who attended college and the average wage of females who did not attend college.

3. Create a graph showing average wages (for all individuals) as a function of age (average wage on the y-axis and age on the x-axis).

 

Posted Date: 3/26/2013 6:13:58 AM | Location : United States

Ask an Expert

Related Discussions:- Create a graph showing average wages, Assignment Help, Ask Question on Create a graph showing average wages, Get Answer, Expert's Help, Create a graph showing average wages Discussions

Write discussion on Create a graph showing average wages
Your posts are moderated

Write your message here..

Related Questions

What are the contents in the market strikes back, What are the contents in ... What are the contents in the market strikes back? a. Price controls • Price ceiling • Price floor b. Quantity controls quota c. Excise tax d. Inefficiency

Crowding out would most likely occur, Crowding out would most likely occur ... Crowding out would most likely occur when: A. the Congress enacts budget cuts to balance the budget. B. workers lose jobs as a result of anti-inflationary fiscal policies. C. the f

Tax-adjusted multiplier and the balanced budget multiplier, The tax-adjuste... The tax-adjusted Multiplier and the balanced budget Multiplier are explained below: Taxes act as drag on the multiplier effect of government expenditure, because they represent

Value to change expect the market, You just inherited a house with a market... You just inherited a house with a market value of $300,000, and do not expect the market value to change. Each year, you will pay $1,000 for utilities and $3,000 in taxes. You can

What is the law of comparative advantage, What is The law of comparative ad... What is The law of comparative advantage The law of comparative advantage, though, suggests that it would be unwise of UK economy to try to replicate German model. First German

Monetary sector of the economy, how do i calculate how much the gorverment ... how do i calculate how much the gorverment should spend if the MPC is 0.8 and 200million is requered to reach full employment ?

Define the natural rate of unemployment, Define the Natural rate of unemplo... Define the Natural rate of unemployment Natural rate of unemployment is defined as the sum of rates of structural, frictional, and classical unemployment (excluding cyclical un

Unit root testing, Firstly, it is imperative that I investigate the stochas... Firstly, it is imperative that I investigate the stochastic properties of each series considered in the model prior to estimating the effects of oil price shocks on macroeconomic a

Price discrimination is forbidden, Suppose the ABC chemical company discove... Suppose the ABC chemical company discovers a drug that cures the common cold. ABC has plants in Europe and in the United States and can produce the drug in either continent at a ma

Calculate the kernel estimator and plot histograms, We will look now at cha... We will look now at changes in the income distribution of Canadians between 1991 and 2001. Use the census data for these years provided in the course web page. Download that data i