Question: 7.1 Using the data equat P SLEEP75.RAW (see also Problem 3.3), we obtain the estimated sleep 3,840.83.163 totwrk - 11.71 educ - 8.70 age REVIEW

7.1 Using the data equat P SLEEP75.RAW (see also Problem 3.3), we obtain the estimated sleep 3,840.83.163 totwrk - 11.71 educ - 8.70 age REVIEW N (235.11) (.018) (5.86) +.128 age + 87.75 male (.134) (34.33) n = 706, R2 = .123, R = .117. (11.21) The variable sleep is total minutes per week spent sleeping at night, totwrk is total weekly minutes spent working, educ and age are measured in years, and male is a gender dummy. (i) All other factors being equal, is there evidence that men sleep more than women? How strong is the evidence? (ii) Is there a statistically significant tradeoff between working and sleeping? What is the estimated tradeoff? (iii) What other regression do you need to run to test the null hypothesis that, holding other factors fixed, age has no effect on sleeping?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Econometrics Questions!