Question: 7.5 The regression shown in column (2) was estimated again, this time using data from 1993 (5000 observations selected at random and converted into 2007
7.5 The regression shown in column (2) was estimated again, this time using data from 1993 (5000 observations selected at random and converted into 2007 units using the Consumer Price Index). The results are logAWE = 9.32 + 0.301 High school + 0.562 Male + 0.011Age, 10.202 10.0192 10.0472 10.0022 SER = 1.25, R2 = 0.08 Comparing this regression to the regression for 2012 shown in column (2), was there a statistically significant change in the coefficient on High school?
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