Continue with the preceding problem but now assume that Di = 2 for female = 1 for
Question:
Di = 2 for female
= 1 for male
With this dummy scheme re-estimate regression (6.1) using the data of Table 6-2 and compare your results. What general conclusions can you draw from the various dummy schemes?
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In this problem we define the new Sex dummy variable as equal t...View the full answer
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