Perform t tests on the coefficients of the dummy variables

Assignment Help Econometrics
Reference no: EM131161594

Where are the differences in male and female earnings functions? Using your EAEF data set, regress LGEARN on S, ASVABC, ETHBLACK, ETHHISP, MALE, MALES, MALEASVC, MALEBLAC, and MALEHISP .Next regress LGEARN on S, ASVABC, ETHBLACK, and ETHHISP only. Calculate the correlation matrix for MALE and the slope dummies. Perform an F test of the joint explanatory power of MALE and the slope dummies (verify that the F statistic is the same as in Exercise 6.17) and perform t tests on the coefficients of the dummy variables.

Exercise 6.17

Are earnings functions different for males and females? Using your EAEF data set, regress LGEARN on S, ASVABC, ETHBLACK, and ETHHISP (do not include MALE). Repeat the regression using only the male respondents. Repeat it again using only the female respondents. Perform a Chow test.

Reference no: EM131161594

Questions Cloud

Newtons law of cooling : Write a conclusion that highlights the major points of interest in your project and ties together some of the most interesting points you have covered.
Interpret the regression results and perform test : Are there ethnic variations in the effect of the sex of a respondent on educational attainment? A special case of a slope dummy variable is the interactive dummy variable defined as the product of two dummy variables. Using your EAEF data set, def..
Prepare the statement of profit or loss : Prepare the statement of profit or loss and other comprehensive income, statement of changes in equity, statement of financial position.
Explain the elements of the communication process : The ability to recognize and explain the elements of the communication process is the beginning of truly understanding how to prepare for and deliver effective oral presentations.
Perform t tests on the coefficients of the dummy variables : Are earnings functions different for males and females? Using your EAEF data set, regress LGEARN on S, ASVABC, ETHBLACK, and ETHHISP (do not include MALE). Repeat the regression using only the male respondents. Repeat it again using only the femal..
Compare the coefficients of asvabc in regressions : Give both mathematical and intuitive explanations of the direction of the change. Also compare the coefficients of ASVABC in regressions (1) and (3) and explain the direction of the change.
Explain the variations in the regression coefficients : The correlation coefficient for LGEXP and LGSIZE was 0.45. Explain the variations in the regression coefficients.
Demonstrates professional language and writing style : Demonstrates professional language and writing style. Displays a clear and in-depth understanding of main points of the reading. Summaries are conventional essays, which you will write regularly in relation to written assignments and questions about..
What is the centre distance : A standard pinion has 30 teeth, a module of 6 mm, and a 20 degree pressure angle. The velocity ratio is 0.3. a.) What is the centre distance? b.) What are the base centre diameters?

Reviews

Write a Review

Econometrics Questions & Answers

  Would it be better to operate with 15 workers

Is it sensible to continue to operate at a loss with 14 workers?

  Determine amount of consumer surplus and producer surplus

Determine the amount of consumer surplus, producer surplus and net social welfare generated in this market. Evaluate how your answer for Consumer Surplus in part B would change if QD =11000 - 500P instead?

  How much interest will have paid by the end of month

You have a credit card balance of $15,000 which you plan to repayin 4 monthly payments. You plan to use the following repaymentschedule: Month 1 pay interest due Month 2 pay interest due + one-half the original balance

  What are the future implications with affordable care act

Communicate how these issues are relevant to the economics of the greater U.S. health care system. What are the future implications with the Affordable Care Act?

  Data show rents and some other data for student housing

data show rents and some other data for student housing around the ann arbor campus of the university of

  The future profitability of u.s. firms

what do such high returns imply about the market's expectations regarding the future profitability of U.S. firms?

  What is the annual cost of operating lawn-care business

Suppose you inherit $10,000 and decide to use the money to start a lawn-care business. You purchase a truck and a mower for $10,000 and start mowing lawns. Your annual cost for fuel and other supplies is $2,000.

  Discuss signs and magnitudes of the estimated coefficients

Discuss the signs and magnitudes of the estimated coefficients and their comparisons to predicted or theoretical signs and magnitudes. What have we learned?

  Calculate the price index

suppose in 2010, the cost of a market basket of goods was $2001. In 2012, the cost fo the same amrket basket of goods was $2,105. Calculate the price index for 2012, using the price index formula, asume 2010 is the base year________

  Determine the profit maximizing price and output

Weekly demand and cost relations for Sandpiper Products, Inc., are given by the equations P = $180 - $10Q (Demand) TC = $75,000 + $5Q + $7.5Q2 Where Q is the quantity produced and sold per week. a. Determine the profit maximizing price and output. (Q..

  What is the pay off matrix for the game

a selfless person approaches Jones and Smith with a $100 bill and offers to sell it to the highest bidder, but both the winning and the losing bidders must pay her their bids. so if jones bids $2 and smith bids $1 they pay a total of $3, but jones..

  Determine what is the cost of the option hedge

Raider Inc., an American importing firm anticipates an outflow of ¥893 million in 6 months. Raider's management team is worried about the course of the ¥/$ exchange rate over the next 6 months and decides to hedge.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd