Question: Repeat exercise #2 using log{wage) for the outcome variable. Compare the two models: s Model lg1: loglwage) ~ region s Model lg2: loglwage) ~ region

Repeat exercise #2 using log{wage) for the outcome variable. Compare the two models: s Model lg1: loglwage) ~ region s Model lg2: loglwage) ~ region + educ + exper Show how the F-ratio is computed. Show how the p-value of F-ratio is computed. Using a level of significance a=0.05, what is the conclusion: Model Ig1 or Model lg2 is better? So do education and experience determine wages after accounting for the region of the United States? 197 - ### Question 3 198 * *Compute F & P Ratio* * 199 - "{r} 200 # Extract residual sum of squares 201 rss_g1

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