Question: Use the data set in ALCOHOL, obtained from Terza (2002), to answer this question. The data, on 9,822 men, includes labor market information, whether the

Use the data set in ALCOHOL, obtained from Terza (2002), to answer this question. The data, on 9,822 men, includes labor market information, whether the man abuses alcohol, and demographic and background variables. In this question you will study the effects of alcohol abuse on employ, which is a binary variable equal to one if the man has a job. If employ 5 0, the man is either unemployed or not in the workforce.

(i) What fraction of the sample is employed at the time of the interview? What fraction of the sample has abused alcohol?

(ii) Run the simple regression of employ on abuse and report the results in the usual form, obtaining the heteroskedasticity-robust standard errors. Interpret the estimated equation. Is the relationship as you expected? Is it statistically significant?

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