Question: Use the data set CollegeDistance described in Empirical Exercise 4.3 to answer the following questions. a. Run a regression of ED on Dist, Female, Bytest,

Use the data set CollegeDistance described in Empirical Exercise 4.3 to answer the following questions.

a. Run a regression of ED on Dist, Female, Bytest, Tuition, Black, His- panic. Incomehi, Ownhome, DadColl, MomColl. Cue80, and Stwmfg80. If Dist increases from 2 to 3 (that is, from 20 to 30 miles). how are years of education expected to change? If Dist increases from 6 to 7 (that is, from 60 to 70 miles), how are years of education expected to change?

b. Run a regression of In(ED) on Dist, Female, Bytest, Tuition, Black, Hispanic, Incomehi, Ownhome, DadColl, MomColl, Cue80, and Stwmfg80. If Dist increases from 2 to 3 (from 20 to 30 miles), how are years of education expected to change? If Dist increases from 6 to 7 (from 60 to 70 miles), how are years of education expected to change?

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