Question: (continuation from Chapter 4, number 3) You have obtained a sub-sample of 1744 individuals from the Current Population Survey (CPS) and are interested in the

(continuation from Chapter 4, number 3) You have obtained a sub-sample

of 1744 individuals from the Current Population Survey (CPS) and are interested

(continuation from Chapter 4, number 3) You have obtained a sub-sample of 1744 individuals from the Current Population Survey (CPS) and are interested in the relationship between weekly earnings and age. The regression, using heteroskedasticity-robust standard errors, yielded the following result: Earn = 239.16 + 5.20*Age , A = 0.05, SER = 287.21., (20.24) (0.57) where Earn and Age are measured in dollars and years respectively. Is the relationship between Age and Earn statistically significant? www. 100xuexi.com

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