Question: Question 11 Needs Grading For this question, when I ask you to interpret also describe the statistical significance of the variable in question. The data

Question 11 Needs Grading For this question, when
Question 11 Needs Grading For this question, when I ask you to interpret also describe the statistical significance of the variable in question. The data in the jtrain2 table comes from a job training experiment on men conducted during 1973-1977. jtrain3 also comes from 19?6-197T. re74, reTE, and re?8 denote the person's real earnings in 1974, 197'5, and 1978. unem72-1, unem75, and unem?B are indicator variables for unemployment in 19?4, 1975. and 197'8. train is an indicator variable showing whether or not the man participated in job training (in either 1976 or 19??}. black and hisp are dummies for race. age is a variable indicating the man's age in years in 19?. educ is a variable indicating the man's years of education. e. interpret the estimated coefcients on the re?5 variable in models ? 3: 8

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