Ethical problem in dependent variable, Econometrics

The attached Eviews results are for a model who has a professional career (dependent variable = pro (1 if respondent has a professional career, 0 otherwise). The data is the 1979 cohort for the NLS.

Dependent variable: Col =1 if ressondent has a professional career, 0 otherwise

Explanatory Variables: V51 = highest grade completed

                                      Col= has a college degree (1=yes, 0 otherwise)

                                     V25= score on the AFQT exam

a.  Each of these models predicts the probability of a person completing college, but they are each interpreted differently.  Explain the difference.

B.  Interpret the V51 coefficient for each model, is it significant?

C.  Predict (with each model) the probability of having a professional career  for a person who has the following characteristics: V51=17 col=1 v25=60

You are using the same model as question for your senior seminar paper.  You notice with Eviews that the data set is about 3000 observations, but SPSS has about 1000 observations.  While the signs and magnitudes of the coefficients look about the same, the Eviews' results have much better t stats because of the larger sample size.  It will be much easier for you to write and present the paper using the Eviews results (and you will likely get a better grade too).  Briefly describe the Ethical problem you face, what are some solutions?

Posted Date: 2/18/2013 12:15:10 AM | Location : United States







Related Discussions:- Ethical problem in dependent variable, Assignment Help, Ask Question on Ethical problem in dependent variable, Get Answer, Expert's Help, Ethical problem in dependent variable Discussions

Write discussion on Ethical problem in dependent variable
Your posts are moderated
Related Questions
I am beginning my thesis and I need some advice. I am trying to estimate a probit model. The binary dependent variable is employment status and the independent variables include:

Given for a closed economy: C = $20 + 0.50Y D           I = $40           G = $10           Y D = Y- T 0           T 0 = $5 Determine:  (a)  the equilibrium

given the formula for f statistic prove that by using the f statistic you can derive this formula

Question 1: Explain the main drivers of globalisation and ascertain whether they have helped to reduce the gap between the rich and the poor countries. Question 2: Disc

i) Briefly distinguish between the Cournot duopoly model and that of Stackelberg.     ii) Suppose the  inverse  market demand curve for  a telecommunications equipment is P = 10

Consider the following short run production function. Q 0 15 35 60 90 115 135 150 16

Consider the following equations designed to estimate  a school's test scores (Test) and the school's dropout rate (Drop). Test i = B 0 + B 1 *Parent Ed i + B 2 *school quali


Assume the price elasticity of cigarettes is 0.25. By how much would prices have to increase to get a 20% reduction on smoking?

Suppose an economy has the following Real money demand Function: L(Y,i) = 1000 + 0.3Y - 4000i, where   i is the nominal interest rate paid on non-monetary (financial) assets,