Question: Redo Example 4.10 by dropping schools where teacher benefits are less than 1% of salary. (i) How many observations are lost? (ii) Does dropping these

Redo Example 4.10 by dropping schools where teacher benefits are less than 1% of salary.
(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 full answer

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