Econometrics - Name JHUAdvanced Academic Programs Graduate...

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Name: _ JHU—Advanced Academic Programs Graduate Program for Applied Economics Econometrics 440.606.81 Summer 2016 HW—UNIT #8 DUE TUES July 12 by 11:59PM (EST) Please read each question carefully and answer it completely. Unless you are given a different value, please use α = 0.05 in your hypothesis tests. Please copy/paste software output to the end of the assignment, in an Appendix, and use the information from your output to answer these questions. IMPORTANT: I will only critically look at your Appendix output for actual grading purposes if there is an issue with your answers to the estimation questions, i.e. ONLY if I feel I may be able to give you some partial credit for what otherwise seem to be serious mistakes in STATA. I will NOT look at your Appendix output if your answer is incomplete so PLEASE do not expect me to hunt for answers in your Appendix output. #1. You will using the data sleep.dta for this question, this is similar to the dataset used in C1 [p. 299]. (i) Estimate the model given at the beginning of C1 [p. 299] and report your estimated equation. sleep = 3840.85 .263 ( totwork ) 11.71 ( educ ) 8.70 ( age ) + .13 ( ag e 2 ) .023 ( yngkid ) + 87.76 ( male ) (ii) Discuss the sign, significance and magnitude for the coefficient on “male.” The sign on the coefficient of male tells us that males get more sleep than women. Looking at the t statistic, we can say that this value is significant. Per the magnitude, if the individual is a male, on
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