ARE106Eight questionsonone page.Econometrics Homework 6Winter2010A.HavennerData7-2 contains informationonsalaries and employment characteristicsof49 employees in aspecific company. Use this dataset to answer the following questions.Forgradingsanity,pleaserunandreportyourregressionswiththevariablesintheordertheyarelistedinthedataset.When testing hypothesesalwaysexplicitly state the null and alternate hypotheses, the algebraictest statistic, its distribution, and its sample value, and draw a plain language but precise conclusion.See the handout Reporting Hypothesis Tests for examples.Todo this assignment you will need to create an additional dummy variable namedPROFrepre-senting the categoryofprofessional workers. Use the Variable / DefineNewVariable tab to createa variable that is neither clerical nor maintenance nor crafts:PROF=!(CLERICALIIMAINTIICRAFTS)List the data to be sure you did it correctly.Note that Gretl uses the symbol!
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