Consider a data set of 100 individuals consisting of 60 female and 40 male individuals. Assume...
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Consider a data set of 100 individuals consisting of 60 female and 40 male individuals. Assume that the average height of the 60 females is 64 inches and the average height of the 40 males is 70 inches. Consider regressing individuals' height yi on being male (that is xi-1 for males and xi=0 for females): yi-60+ß1xi+si. (Everything is in inches) 1. Determine the OLS estimate for 30, 3o. 2. Determine the OLS estimate for $1.31. Consider a data set of 100 individuals consisting of 60 female and 40 male individuals. Assume that the average height of the 60 females is 64 inches and the average height of the 40 males is 70 inches. Consider regressing individuals' height yi on being male (that is xi-1 for males and xi=0 for females): yi-60+ß1xi+si. (Everything is in inches) 1. Determine the OLS estimate for 30, 3o. 2. Determine the OLS estimate for $1.31.
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