Statistical Assigment 2 This statistical assignment gets your hands dirty with R This statistical assignment is due at noon on Monday May 1 You may work in teams of 2 or 3 (or by yourself ) and hand in one assignment for the team Make sure that all names as they appear on Albert of the team are on the assignment 20 will be docked for each day late the assignment is handed in 1 Dataset Details The dataset for this assignment data assign2 csv comes from the US Census The sample in your dataset covers women with at least 2 children The dataset consists of 254,645 observations from the 1990 census There are variables in the dataset are thirdkid indicator equal to one if mother has 3 or more kids (i e , 1 if kids 3, 0 if kids 3) boy1st indicator equal to one if first child is a boy (i e , 1 if First child is boy, 0 if First child is girl) boy2nd indicator equal to one if second child is a boy (i e , 1 if Second child is boy, 0 if Second child is girl) ageml age of the mother in 1990 agefstm age of the mother at first birth black indicator equal to one if mother is African American (and 0 otherwise) hisp indicator equal to one if mother is Hispanic (and 0 otherwise) othrace indicator equal to one if mother is other non white race (and 0 otherwise) (e g , Filipino, Pacific Islander, Multi racial) workedm indicator equal to one if mother is working ( 0 if not working) incomem weekly labour market income of the mother (not used in this assignment, but there if you are interested) General Instructions Please hand in assignment as one document Please answer the questions succinctly For this assignment, we are interested in estimating the following relationship Yi Bo Bithirdkid where y Indicator for mother i working (i e , the 'workedm' variable in your dataset) thirdkid Indicator for mother i having three children Question 1 What is the probability of having a third child for parents whose first two children are the same gender What about for parents whose first two children are of different genders Describe why this provides a 'first stage' for the instrument Question 2 Estimate the 'first stage' and 'second stage' of the instrumental variable regression using same gender for first two kids as the instrument without any additional controls Interpret the point estimate for both the 'first stage' and 'second stage' Question 3 Run the instrumental variable regression without any controls Interpret the resulting point estimate and clearly describe which type of individuals is identifying the 'LATE' Question 4 Discuss the (internal) validity of the instrument In addition, state who exactly a defier would be in this example and whether the no defier (or monotonicity) assumption is likely to hold Question 5 Now run the IV regression with the following controls race, age of the mother, age of the mother squared, age of the mother at first birth, age of the mother at first birth squared Does the point estimate change relative to question 3 Is this reassuring in terms of (internal) validity Describe why or why not Question 6 We could imagine doing a different instrumental variable, but with a similar spirit Specif ically, there is a large amount of research that many cultures have a boy preference for children (i e , parents prefer having boys to girls) In that spirit, we could define the in strumental variable instead as having two girls relative to having two boys (for first two children) Intuitively, if prior research is correct having two girls should induce some individuals to have another child relative to having two boys Create that instrument and run the IV regression (with controls) Why do you think the estimate differs substantially from the IV estimate in Q5 hint think of the LATE

Question: Statistical Assigment 2 This statistical assignment gets your hands dirty with R. This statistical assignment is due at noon on Monday May 1. You

Statistical Assigment 2 This statistical assignment gets your hands "dirty" with R. This statistical assignment is due at noon on Monday May 1. You may work in teams of 2 or 3 (or by yourself...) and hand in one assignment for the team. Make sure that all names as they appear on Albert of the team are on the assignment. 20% will be docked for each day late the assignment is handed in. 1 Dataset Details The dataset for this assignment "data_assign2.csv" comes from the US Census. The sample in your dataset covers women with at least 2 children. The dataset consists of 254,645 observations from the 1990 census. There are variables in the dataset are: . thirdkid: indicator equal to one if mother has 3 or more kids (i.e., =1 if kids 3, =0 if kids

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To start this statistical assignment I would first load the dataset dataassign2csv into R using the ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Programming Questions!

An assay was run on 250 patients. 200 patients tested positive. Calculate the sensitivity Question 25 options: 25 % 100 % 80 % 125 %

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...

DAVID DOESN'T DELEGATE Overcoming an Individual's Immunity to Change AS ANY EXPERIENCED MANAGER will tell us, being an effective delegator is crucial to using everyone's time, skills, and knowledge...

I am doing tax return project. attachments are the materials professor provide. He wants me to do a current year engagement file (Similar with prior year engagement file). AC 371 Tax Return Project...

CAFR Mini-Project Goal To research and analyze the Comprehensive Annual Financial Report of a US city with a population of at least 100,000. Choose your City Download the most recent CAFR of a city...

Due Date: April 20th , 2017 Deadline: April 27th @Noon MDM4U1 Assignment 4- Two Variable Statistics Name:______________________ KU: /13 APP: /19 COMM: /4 TI: /12 Knowledge Multiple Choice (6 Marks)...

Please read attached and Critique: Write critique of the paper. Do you agree with the author that statistics is important? Why? Feel free to provide your own examples of a valuable statistical study....

ead the Harvard case study on Procter and Gamble. Then, answer the following questions. 1. What is business analytics? Why is it important to make real-time decisions at P&G? What are the benefits of...

What this assignment is about The offensive team scores and often gets the attention. However. without a defense and cooperative play no team can win a Championship. In this assignment, we'll explore...

Izzani worked with local airlines company as an aircraft maintenance engineer. For year 2020, he was paid RM25,000 monthly salary. However, due to Covid-19 pandemic, the operation of aviation...

What are some theories offered to explain aspects of your field of business?

Sufficient audit working papers primarily A . Documpint live levet of independence maintained by the audioor. B . Provide a starting point for the audi neat year. C . Provide support for the audt...

Suppose you want to sell 100,000 shares of stock XYZ on their earnings announcement day. Your broker provides you some impact-driven type algos. On a normal day, the trading volume is around 500,000...

Under some conditions SnCl2 can simultaneously behave as both a Lewis acid and a Lewis base. Suggest a molecule that might be formed under these conditions. What is the hybridization on Sn in this...

Campbells expanded their offerings through both their own R&D and by acquiring other companies and their products. What are the pros and cons of these two options? Which should be their focus...

*Problem 2.4 Calculate (x), (x2), (p), (p), ox, and Op, for the nth stationary state of the infinite square well. Check that the uncertainty principle is satisfied. Which state comes closest to the...

The short descriptions that follow provide information about different companies. In each case, there is at least one major problem with the way the company is currently approaching the newproduct...

Arva Corp. reported pre-tax accounting income of $ 300,000 for calendar Y6. To calculate the income tax liability, the following data were considered: Life insurance proceeds on the death of the CEO...

1. Ryder, a police officer in Philadelphia, was alone in his patrol car when he received a radio call of a man with a gun. Ryder was the first officer to arrive and was confronted by a suspect...

Working in teams of three or four, interview personnel at your local bank to check liability for lost or stolen bank-issued ATM, credit, and debit cards.

Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column. a. Beneficiary b. Bequest c. Codicil d. Decedent e. Devise f....

What was the principal amount of a loan at 9 % if $67.78 of interest accrued from October 28, 2010, to April 14, 2011?

The total accrued interest owed as of August 31 on a loan advanced the preceding June 3 was $169.66. If the variable interest rate started at 8 %, rose to 9% effective July 1, and increased another ...

Penny invested $4500 on October 28 at a floating rate of interest that initially stood at 6.3%. Effective December 2, the rate dropped by 1/2 %, and then it declined another % effective February 27....