in studying the effect of work experience and gender on wage,the equations below were estimated.They have individual wage wagei dependent variable, and work experience experi and a dummy variable womani [ indicating the gender of individual i ]
wagei=0+
1
experi+
2
womani +ui
wagei=0+
1experi+
2womani
+
3womani
* experi+ui
a. How should the parameters
0,
1,
2 and
3 in the models be
interpreted?
b. What is the marginal effect of experience in each model?
c. How does the second equation relate to estimating the effect of experience on wage
wage=0+
1expei+
i
in two separate regressions for men and woman?
Homework Answers
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in studying the effect of work experience and gender on wage,the equations below were estimated.They have...
in studying the effect of work experience and gender on wage,the equation below were estimated.They have...
in studying the effect of work experience and gender on wage,the equation below were estimated.They have individual wage wagei ,dependent variable and work experience experi and dummy variable womani [indicating the gender of individual i] wagei 0+1experi+2womani+ui wage= 0+1experi +2womani +3womani experi +ui A ] how should the parameters k in the model to be interpreted. B ] what is the marginal effect of experience in each mode? C ] how does the second equation relate to estimating the effect...
please show all the work Are years of experience a significant predictor of earnings? Yes, because...
please show all the work
Are years of experience a significant predictor of
earnings?
Yes, because it is statistically significant in all
specifications.
Yes, because it has a positive magnitude in all
specifications.
Yes, because the t-stats in all specifications are lower than
1.96
Yes, because the t-stats in all specifications are higher than
100.
When controlling only for years of education by how much less
do females earn?
A. 26.3%
B. 0.263%
C. 2.63%
D. 43.2%
In specification (3),...
To examine the differences between salaries of male and female middle managers of a large bank, 90 individuals were randomly selected, and two models were created with the following variables cons...
To examine the differences between salaries of male and female middle managers of a large bank, 90 individuals were randomly selected, and two models were created with the following variables considered Salary- the monthly salary (excluding fringe benefits and bonuses), Educ the number of years of education, Exper the number of months of experience, Train the number of weeks of training, Gender- the gender of an individual; 1 for males, and O for females. Excel partial outputs corresponding to these...
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Are years of experience a significant predictor of
earnings?
Yes, because it is statistically significant in all
specifications.
Yes, because it has a positive magnitude in all
specifications.
Yes, because the t-stats in all specifications are lower than
1.96
Yes, because the t-stats in all specifications are higher than
100.
When controlling only for years of education by how much less
do females earn?
A. 26.3%
B. 0.263%
C. 2.63%
D. 43.2%
In specification (3),...
To examine the differences between salaries of male and female middle managers of a large bank, 90 individuals were randomly selected, and two models were created with the following variables considered Salary- the monthly salary (excluding fringe benefits and bonuses), Educ the number of years of education, Exper the number of months of experience, Train the number of weeks of training, Gender- the gender of an individual; 1 for males, and O for females. Excel partial outputs corresponding to these...
Please show the work! Thank you.
Please use the following information (below) to create a
financial statements such as a balance sheet, income, cash flow,
etc.
Required information [The following information applies to the questions displayed below] Sage Inc. experienced the following transactions for 2018, its first year of operations: 1. Issued common stock for $110,000 cash 2. Purchased $185,000 of merchandise on account. 3. Sold merchandise that cost $162,000 for $322,000 on account 4. Collected $286,000 cash from accounts...
Check my work Houston-based Advanced Electronics manufactures audio speakers for desktop computers. The following data relate to the period just ended when the company produced and sold 42,000 speaker sets: Sales Variable costs Fixed costs $3,444,000 861,000 2,250,000 eBook Print Management is considering relocating its manufacturing facilities to northern Mexico to reduce costs. Variable costs are expected to average $18.00 per set; annual fixed costs are anticipated to be $1,990,000. (In the following requirements, ignore income taxes.) ferences Required: 1....
We were unable to transcribe this imageWaterways is thinking of mass-producing one of its special-order sprinklers. To do so would increase variable costs for all sprinklers by an average of $0.70 per unit. The company also estimates that this change could increase the overall number of sprinklers sold by 10%, and the average sales price would increase $0.20 per unit, waterways currently sells 496,000 sprinkler units at an average selling price of $28.80. The manufacturing costs are $8,039,000 variable and...
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problem, and seeing its results displayed on your console window
(that is, the location of standard output).
Lab
A mostly complete version of the eight queens problem has been
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nearly completed.
You are to provide missing logic for the class Queens that will
enable it to create a two-dimensional array that...
please help! I need help finding and solving equations of
equilibrium to find the max tension in the cables and the angle
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