Question: a. Write the equations for the two cases, Age <7 and Age 7 based on the model in (7.41). b. Suppose you write the constraint
a. Write the equations for the two cases, Age <7 and Age 7 based on the model in (7.41).
b. Suppose you write the constraint in (7.40) as B = (1/7), and substitute into (7.37) to determine the constrained model. Comment on the use of this form.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
