Suppose in the regression (6.1) we let Di = 1 for female = - 1 for male
Question:
Di = 1 for female
= - 1 for male
Using the data given in Table 6-2, estimate regression (6.1) with this dummy setup and compare your results with those given in regression (6.4). What general conclusion can you draw?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
We define the new Sex dummy variable as equal to 1 for female and 1 for male and name ...View the full answer
Answered By
Wahome Michael
I am a CPA finalist and a graduate in Bachelor of commerce. I am a full time writer with 4 years experience in academic writing (essays, Thesis, dissertation and research). I am also a full time writer which assures you of my quality, deep knowledge of your task requirement and timeliness. Assign me your task and you shall have the best.
Thanks in advance
4.90+
63+ Reviews
132+ Question Solved
Related Book For
Question Posted:
Students also viewed these Econometric questions
-
Lets revisit some data that we looked at in Chapter 8, in Table 8.1. Let X = Gender, coded 1 = male, 2 = female. Let Y = height. Using SPSS, run a bivariate regression to predict Height from Gender....
-
(Let di = yi [U + B1 (xi U)]. Show that for regression estimation, As in Exercise 21, show that is small compared to MSE[reg], when n is large. d;(x; u) N 1 ElFreg - yu] 1-n/N n S? i=1
-
A 2005 study was conducted to evaluate the influence of fear avoidance beliefs (FAB), chronicity of low back pain (CHR), and severity of low back pain (SEV) on disability (DIS) in 209 patients from...
-
Trent Marcus has 3 major suppliers: Parker is in the same business as Trent and offers a 5 % trade disc Scott offers a trade disc of 6 % on amounts in excess of $ 200 ( trade disc does not apply to...
-
Penny Arcades, Inc., is trying to decide between the following two alternatives to finance its new $80 million gaming center: a. Issue $80 million of 5% bonds at face amount. b. Issue 2 million...
-
Ivanhoe's flour supplier has announced a shortage of gluten-free flour. As a result, Ivanhoe will only be able to purchase 50,900 pounds of flour. How many batches of each type of cookie should the...
-
Identify the singularity and find the nature of solution near the singularity for van der Pol's equation: \[\ddot{x}-\alpha\left(1-x^{2} ight) \dot{x}+x=0\]
-
The following three situations involve the capitalization of interest. Situation I: On January 1, 2014, Oksana Baiul, Inc. signed a fixed-price contract to have Builder Associates construct a major...
-
5. A uniform piece of sheet metal 30 cm on a side is cut to produce the following shape. Each of the squares making up the new shape has the same mass. Locate the coordinates of the centre of mass of...
-
1. What are pros and cons of Apples tight control of licensing? 2. What role has ecosystem played in Apples competitive advantage?
-
Consider the following model: Yi = B1 + B2D2i + B3D3i + B4 (D2i D3i) + B5Xi + ui where Y = the annual salary of a college teacher X = years of teaching experience D2 = 1 if male = 0 if otherwise D3 =...
-
Continue with the preceding problem but now assume that Di = 2 for female = 1 for male With this dummy scheme re-estimate regression (6.1) using the data of Table 6-2 and compare your results. What...
-
Refer to Problem 20. The ages of the 36 millionaires sampled are arranged in increasing order in the following table. a. Determine the quartiles for the data. b. Obtain and interpret the...
-
1. Airlines in the United States were heavily regulated by the Civil Aeronautics Board until the late 1970s and early 1980s at which time the industry was released to competition. From time to time...
-
How does social control operate within online and digital environments, and what challenges arise in regulating behavior in virtual spaces, where traditional mechanisms of control may be less...
-
Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro predicts that 50,000 units will be produced, with the following total costs: Direct materials Direct labor Variable overhead...
-
Journalize these entries in a basic bookkeeping spreadsheet ( cash basis AIS with no accruals ) and include the chart of accounts affected? L - r As of January 1, 2024 the petty cash was $200.00 and...
-
what ways does social control intersect with theories of deviance and criminality, particularly concerning the application of punitive measures versus restorative justice approaches to manage...
-
What is the focus of behavioral queueing theory?
-
Briefly discuss the implications of the financial statement presentation project for the reporting of stockholders equity.
-
(i) Apply RESET from equation (9.3) to the model estimated in Computer Exercise C7.5. Is there evidence of functional form misspecification in the equation? (ii) Compute a heteroskedasticity-robust...
-
You need to use two data sets for this exercise, JTRAIN2.RAW and JTRAIN3.RAW. The former is the outcome of a job training experiment. The file JTRAIN3.RAW contains observational data, where...
-
Use the data for the year 1993 for this question, although you will need to first obtain the lagged murder rate, say mrdrte - 1. (i) Run the regression of mrdrte on exec, unem. What are the...
-
a) A continuous-time system is represented by the following differential equation, 3- dt 2dy (t) +4 dy(t) +2y(t) = x(t). dt Compute the output response of the system where x(t) = 2 u(t) and the...
-
Figure Q6 shows a functional block diagram of a custom processor and the Register Transfer Level (RTL) codes to perform one of the processor operations. Assume that signal p and q are never '1'...
-
Based on the following linked list for node struct: struct node { }; int value; struct node * next;
Study smarter with the SolutionInn App