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Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501 Exercise 12
A random sample of workers contains n m = 120 men and n w = 131 women. The sample average of men's weekly earnings
is $523.10, and the sample standard deviation
is $68.1. The corresponding values for women are
= $485.10 and s w = $51.10. Let Women denote an indicator variable that is equal to 1 for women and 0 for men and suppose that all 251 observations are used in the regression Y i = 0 + 1 Women i + u i Find the OLS estimates of 0 and 1 and their corresponding standard errors.
is $523.10, and the sample standard deviation is $68.1. The corresponding values for women are = $485.10 and s w = $51.10. Let Women denote an indicator variable that is equal to 1 for women and 0 for men and suppose that all 251 observations are used in the regression Y i = 0 + 1 Women i + u i Find the OLS estimates of 0 and 1 and their corresponding standard errors.Explanation
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Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
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