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From stock and watson 3rd edition introduction to econometrics Using the data set CollegeDistance described, run a regression of years of completed education (ED) on distance to the nearest college (Dist) and carry out the following exercises. a) Is the estimated regression slope coefficient statistically significant? That is, can you reject the null hypothesis Ho: β1=0 versus a two sided alternative at the 10%, 5%, or 1% significance level? What is the p-value associated with coefficient's t-statistic?
b) Construct a 95% confidence interval for the slope coefficient.
c) Run the regression using data only on females and repeat (b)
d) Run the regression using data only on males and repeat (b)
e) Is the effect of distance on completed years of education different for men than for women?
Explain the purposes economists disagree and using models of economics. Using Models of Economics: a. Positive economics b. Normative economics A forecast is an easy p
If population growth is greater than the growth of real output, A. real per capita Gross Domestic Product (GDP) growth will be less than the growth of real Gross Domestic Product
difference between gdp at market price and nnp at factor cost
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Explain the notion of the hidden momentum of population growth. Why is this an important concept for projecting future population trends in different developing nations?
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While referring to the "EYE on YOUR LIFE" section on, discuss the macroeconomic policy issues facing the U.S. economy today based on the economic concepts you have learned in this
One unit of A is made up of one unit of B and one unit of C. B is made of three units of D and one unit if F. C is composed of three units of B, one unit of D, and four units of E.
Currently you purchase 6 packages of hot dogs a month. You will graduate from college in December, and you will start a new job in January. You have no plans to purchase hot dogs i
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