Question: Using the data set CollegeDistance described in Empirical Exercise 4.3, run a regression of years of completed education (ED) on distance to the near- est

Using the data set CollegeDistance described in Empirical Exercise 4.3, run a regression of years of completed education (ED) on distance to the near- est college (Dist) and carry out the following exercises.

a. Is the estimated regression slope coefficient statistically significant? That is, can you reject the null hypothesis H: B = 0 versus a two- sided alternative at the 10%.5%, or 1% significance level? What is the p-value associated with coefficient's (-statistic?

b. Construct a 95% confidence interval for the slope coefficient.

c. Run the regression using data only on females and repeat (b).

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