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Please expain the steps to get to the answer You have estimated the following equation using OLS: 20.5015.50 - FEMALE (...
The answer is A, Can you please explain how he got the answer thanks 6. You...
The answer is A, Can you please explain how he got the answer
thanks
6. You have estimated the following equation using OLS: = 33.75 +1.45M ALE, where y is annual income in thousands and MALE is an indicator variable such that it is 1 for males and 0 for females. According to this model, what is our prediction for the average income for females? a) $33,750 b) $35,200 c) $32,300 d) cannot be determined
Question 4 5 points Save Answer Researchers wondered whether the size of a person's brain was rel...
answer that i can understand well please
Question 4 5 points Save Answer Researchers wondered whether the size of a person's brain was related to the individual's mental capacity They selected a sample of right-handed Anglo introdu psychology students who had Scholastic Aptitude Test scores higher than 1350. The subjects were administered the Wechsler Adult Intelligence Scale-Revised to obtain their IQ scores. The MRI scans, performed at the same facility, consisted of 18 horizontal MR images. The comp of the...
Please complete the above question using STATA software. I am not sure what you mean when...
Please complete the above question using STATA software.
I am not sure what you mean when you said you cannot complete it
in the space provided- only a log file is needed.
5) Simulate data according to the following. Please provide a log ile and any supporting exhibits x = 12 ,50 e N(0,1) a) Provide an estimate of the coefficients in y + + є b) Are Bi,B2 "near" the true values? c) Store the coefficients in a matrix...
III-(15pts) You are given the following estimated equation: log(wage)- 0.18+0.093edu +0.044exp+0.043 female-0.016edu female-0.010exp female-0.00068 exp (0.0001) 0.014) 0.4160 0.003 Std errors (0....
III-(15pts) You are given the following estimated equation: log(wage)- 0.18+0.093edu +0.044exp+0.043 female-0.016edu female-0.010exp female-0.00068 exp (0.0001) 0.014) 0.4160 0.003 Std errors (0.132) (0.009) (0.005) (0.196) n-526 R-square With all the variables described as follows: logiwage)-log of average hourly wage: female is a dummy variable equal to 1 if the observed person is a female, and 0 if male; edu female is an interaction variable equal to education 'female; edu is the number of years of schooling exp is the number...
1. Which of the following conditions will lead to a smaller variance for the intercept estimator...
1. Which of the following conditions will lead to a smaller variance for the intercept estimator for your multiple regression model? (A) X values cluster far from the origin of the X axis (B) X values closely pack around the mean of X in your sample (C) Small sample sizes (D) High correlation among the explanatory variables (E) Small error variance in the population regression function 2. R-squared (A) measures the proportion of variability of the dependent variable that is...
QUESTION 1 Consider the following OLS regression line (or sample regression function): wage =-2.10+ 0.50 educ...
QUESTION 1 Consider the following OLS regression line (or sample regression function): wage =-2.10+ 0.50 educ (1), where wage is hourly wage, measured in dollars, and educ years of formal education. According to (1), a person with no education has a predicted hourly wage of [wagehat] dollars. (NOTE: Write your answer in number format, with 2 decimal places of precision level; do not write your answer as a fraction. Add a leading minus sign symbol, a leading zero and trailing...
Please answer all four subquestions with specific steps 2. (40 marks) The following equations have been...
Please answer all four subquestions with specific steps
2. (40 marks) The following equations have been estimated by OLS using annual data for a Canadian city for 1991-2018. QW per capita consumption of wine in litres RPW = relative price of wine RPB relative price of beer RPS relative price of spirits RY real per capita disposable income (1) QW- 10.50-7.30RPW + 0.003RY 4.96/(2.00) 0.0002) R2= 0.90 a2= 3.50 2) QW.00H6.9ORPW 0.0050RY 1.10RPB 1.50RPS 10.40 2.30 (0.0009) (7.65) (0.55) (a)...
PLEASE SHOW ALL WORK & STEPS. PART 1 This problem is inspired by a study of...
PLEASE SHOW ALL WORK & STEPS. PART 1 This problem is inspired by a study of the ""gender gap"" in earnings in top corporate jobs [Bertrand and Hallock (2001)]. The study compares total compensation among top executives in a large set of U.S. public corporations in the 1990s. (Each year these publicly traded corporations must report total compensation levels for their top five executives.) Let Female be an indicator variable that is equal to 1 for females and 0 for...
2. Consider the estimated regression equation below and answer the following questions. Assume INCOME is annual...
2. Consider the estimated regression equation below and answer the following questions. Assume INCOME is annual household income (in dollars), ENT_EXP is annual entertainment expenses in dollars, and the data comes from a random sample of households in Arkansas (n=200). [25 points] ENT_EXP = 1500 + .05 * (INCOME) + e (3.79) (4.24) a) What is the expected entertainment spending if income is $45,000? b) Is the estimate for β1 (coefficient on INCOME) the sign and magnitude you...
Use the Minitab output to answer the following questions. 1. What is the estimated value of...
Use the Minitab output to answer the following questions. 1. What is the estimated value of B2? 2. What is the value of SST? 3. What is the value of MSR? 4. What is the value of S2? 5. What is the predicted value of Y when X1 = 7, X2 = 5, and X3 = 3? (round your answer to two decimal places) 6. What is the residual for the predicted value in question 5? The value of Y...
The answer is A, Can you please explain how he got the answer
thanks
6. You have estimated the following equation using OLS: = 33.75 +1.45M ALE, where y is annual income in thousands and MALE is an indicator variable such that it is 1 for males and 0 for females. According to this model, what is our prediction for the average income for females? a) $33,750 b) $35,200 c) $32,300 d) cannot be determined
answer that i can understand well please
Question 4 5 points Save Answer Researchers wondered whether the size of a person's brain was related to the individual's mental capacity They selected a sample of right-handed Anglo introdu psychology students who had Scholastic Aptitude Test scores higher than 1350. The subjects were administered the Wechsler Adult Intelligence Scale-Revised to obtain their IQ scores. The MRI scans, performed at the same facility, consisted of 18 horizontal MR images. The comp of the...
Please complete the above question using STATA software.
I am not sure what you mean when you said you cannot complete it
in the space provided- only a log file is needed.
5) Simulate data according to the following. Please provide a log ile and any supporting exhibits x = 12 ,50 e N(0,1) a) Provide an estimate of the coefficients in y + + є b) Are Bi,B2 "near" the true values? c) Store the coefficients in a matrix...
III-(15pts) You are given the following estimated equation: log(wage)- 0.18+0.093edu +0.044exp+0.043 female-0.016edu female-0.010exp female-0.00068 exp (0.0001) 0.014) 0.4160 0.003 Std errors (0.132) (0.009) (0.005) (0.196) n-526 R-square With all the variables described as follows: logiwage)-log of average hourly wage: female is a dummy variable equal to 1 if the observed person is a female, and 0 if male; edu female is an interaction variable equal to education 'female; edu is the number of years of schooling exp is the number...
QUESTION 1 Consider the following OLS regression line (or sample regression function): wage =-2.10+ 0.50 educ (1), where wage is hourly wage, measured in dollars, and educ years of formal education. According to (1), a person with no education has a predicted hourly wage of [wagehat] dollars. (NOTE: Write your answer in number format, with 2 decimal places of precision level; do not write your answer as a fraction. Add a leading minus sign symbol, a leading zero and trailing...
Please answer all four subquestions with specific steps
2. (40 marks) The following equations have been estimated by OLS using annual data for a Canadian city for 1991-2018. QW per capita consumption of wine in litres RPW = relative price of wine RPB relative price of beer RPS relative price of spirits RY real per capita disposable income (1) QW- 10.50-7.30RPW + 0.003RY 4.96/(2.00) 0.0002) R2= 0.90 a2= 3.50 2) QW.00H6.9ORPW 0.0050RY 1.10RPB 1.50RPS 10.40 2.30 (0.0009) (7.65) (0.55) (a)...
Use the Minitab output to answer the following questions. 1. What is the estimated value of B2? 2. What is the value of SST? 3. What is the value of MSR? 4. What is the value of S2? 5. What is the predicted value of Y when X1 = 7, X2 = 5, and X3 = 3? (round your answer to two decimal places) 6. What is the residual for the predicted value in question 5? The value of Y...
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