Redo Example 4.10 by dropping schools where teacher benefits are less than 1% of salary. (i) How
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(i) How many observations are lost?
(ii) Does dropping these observations have any important effects on the estimated tradeoff?
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i ii Only four of the 408 schools have bs less than 01 We estimate the model in column 3 ...View the full answer
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Related Book For
Introductory Econometrics A Modern Approach
ISBN: 978-0324660548
4th edition
Authors: Jeffrey M. Wooldridge
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