Question: Create a new dependent variable, ln Wage. Regress ln Wage on UNION and Education. Report your results and interpret the coefficient on UNION. HINT: SeeHowToUseDummyXVariables.doc
Create a new dependent variable, ln Wage. Regress ln Wage on UNION and Education. Report your results and interpret the coefficient on UNION.
HINT: SeeHowToUseDummyXVariables.doc (in BasicTools\HowTo) onhow to interpret dummy variables in a semilog functional form regression.
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