Question

ECONOMETRICS CHAPTER 7 assignment. syllabus text book is Introductory Econometrics Modern approach 6th edition, J Woolsridge

i) r codes please

ii) manual calculation

qk7-is salary

edul-education level

needed in the next 4 days

Assignment Use the data of your own, answer the following questions: (i) estimate the equation: + β.gender + M z value+ What is the approximate difference in monthly income between urban and ral observations? What about female and male observations? i) Start with the original model, but now allow income to differ across four groups of peopl: female and urban, female and rural, male and urban, and male and rural. What is the estimated income difference between female urbans and male rurals? (ii) If one more variable, marital status (gel best) is added in the model, what is the estimated income difference between the single and the married? (iv) Use chow test to test whether there is any difference between male and female observations? 40 2:20 Notes The data is an excel file, too large. It is 130 pages on Microsoft word. I just need the applicable r codes for those questions

Answer 1

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