Solved

Suppose You Are Interested in Explaining Student Evaluations of Teaching

Question 21

Essay

Suppose you are interested in explaining Student Evaluations of Teaching (which are calculated on the following 4-point scale: (1)Poor, (2)Fair, (3)Good,and (4)Excellent)in a sample of 15,239 college students and that using the multinomial logit you obtain the following coefficient estimates (standard errors in parentheses) SETi^=2.48+0.97 Avg. GPA i1.52% Freshmen i0.24% Male i+2.04 % Majors (0.83)(0.45)(0.66)(0.15)(0.77)\begin{array} { l l l lll } \widehat { S E T _ { i } } = &2.48 +& 0.97 \text { Avg. GPA } _ { i } - &1.52 \% \text { Freshmen } _ { i } - &0.24 \% \text { Male } _ { i } +& 2.04 \text { \% Majors } \\&( 0.83 ) &( 0.45 ) & ( 0.66 ) & ( 0.15 ) & ( 0.77 )\end{array}
a)How should you interpret the estimated coefficient on Average GPA? Does this make economic sense? Explain.
b)How should you interpret the estimated coefficient on % Freshmen? Does this make economic sense? Explain.
c)Do these estimates provide all of the information that you desire? If not,how can you obtain that information? Explain.

Correct Answer:

verifed

Verified

Suppose you are interested in explaining...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents