Question: Consider the analysis in Computer Exercise C11 in Chapter 4 using the data in HTV, where educ is the dependent variable in a regression. (i)
Consider the analysis in Computer Exercise C11 in Chapter 4 using the data in HTV, where educ is the dependent variable in a regression.
(i) How many different values are taken on by educ in the sample? Does educ have a continuous distribution?
(ii) Plot a histogram of educ with a normal distribution overlay. Does the distribution of educ appear anything close to normal?
(iii) Which of the CLM assumptions seems clearly violated in the model educ 5 b0 1 b1motheduc 1 b2fatheduc 1 b3abil 1 b4abil2 1 u?
How does this violation change the statistical inference procedures carried out in Computer Exercise C11 in Chapter 4?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
