Question: Using the data in MROZ from Mroz ( 1 9 8 7 ) , we estimate the following linear probability model, where 4 2 8

Using the data in MROZ from Mroz (1987), we estimate the following linear probability model, where 428 of the 753 women in the sample report were in the labor force at some point during 1975:
Here, let inlf (in the labor force) be a binary variable indicating labor force participation by a married woman during 1975: inlf=1 if the woman reports working for a wage outside the home at some point during the year, and zero otherwise. We assume that labor force participation depends on other sources of income, including husbands earnings (nwifeinc, measured in thousands of dollars), years of education (educ), past years of labor market experience (exper), age, number of children less than six years old (kidslt6), and number of kids between 6 and 18 years of age (kidsge6).
(i) Provide the interpretation of the coefficient on exper. Why experience has been entered as a quadratic?
(ii) Holding other factors fixed, estimate the change in the probability and the point at which the past experience has no effect on the probability of labor force participation.
(iii) Provide the interpretation of the kidslt6 and kidsge6 coefficients.)2
 Using the data in MROZ from Mroz (1987), we estimate the

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