2. There are two kinds of people, who are those with college degrees and those without...
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2. There are two kinds of people, who are those with college degrees and those without college degrees. Assume that they are all white-collar workers. The wage status is described in Table 1. Table 1. The status of two kinds of white-collar workers group sample size college 320 others 685 Questions: mean wage standard error 6.8 4.2 5.6 2.3 (1) Calculate the difference of mean wage between college-degree ones with others. 1 (2) Describe when the difference in (1) could be seen as the causal effect of college degree on wage? (note: randomness) (3) Describe when the difference in (1) could not be seen as the causal effect of college degree on wage? 2. There are two kinds of people, who are those with college degrees and those without college degrees. Assume that they are all white-collar workers. The wage status is described in Table 1. Table 1. The status of two kinds of white-collar workers group sample size college 320 others 685 Questions: mean wage standard error 6.8 4.2 5.6 2.3 (1) Calculate the difference of mean wage between college-degree ones with others. 1 (2) Describe when the difference in (1) could be seen as the causal effect of college degree on wage? (note: randomness) (3) Describe when the difference in (1) could not be seen as the causal effect of college degree on wage?
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1 The difference in mean wage between collegedegree workers and others is 68 56 12 2 The difference ... View the full answer
Related Book For
Linear Algebra And Its Applications
ISBN: 9781292351216
6th Global Edition
Authors: David Lay, Steven Lay, Judi McDonald
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