Question: Interpret the demand-side explanatory variables. Refer to the previous three exercises. Another set of variables included in the analysis were classified as demand-side factors that
Interpret the “demand-side” explanatory variables.
Refer to the previous three exercises. Another set of variables included in the analysis were classified as “demand-side” factors that relate to the changing needs of individuals in the labor force.
One of these was the change in the proportion of dual-earner couples.
The coefficient in theDCmodelwas−0.986 with a standard error of 0.118, while the coefficient in the DB model was 0.466 with a standard error of 0.167. Using the previous three exercises as a guide, write a short report summarizing these results.
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