Question: Why do we prefer log wage vs educ plot over wage vs educ ? Wage vs Education 3500 3000 2500 2000 1500 1000 500 iduilil

Why do we prefer log wage vs educ plot over wage

Why do we prefer log wage vs educ plot over wage vs educ ?

vs educ ? Wage vs Education 3500 3000 2500 2000 1500 1000

Wage vs Education 3500 3000 2500 2000 1500 1000 500 iduilil 10 15 20 2. In(wage) vs educ. Compare this plot with plot in part 1. Which plot do you think is better for further analyses? Why? (2 points) In(wage) vs educ 111 OHNW AUTOY DO DO 0 5 10 15 20

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