Hw1 - Gregory Smith 9/7/2009 Cuellar Econometrics Hw 1 C1.1...

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0 10 20 30 Percent 0 5 10 15 20 25 average hourly earnings Gregory Smith 9/7/2009 Cuellar – Econometrics Hw 1 C1.1 (i) Mean Education = 12.56274 Smallest = 0 Largest = 1 (ii) Mean Wage = 5.896103. Seems High b/c the Median is 4.65. (iii)CPI 1976 = 56.9 CPI 2003 = 184.0 (iv)184/56.9= 3.233743409 3.233743409 X 5.896103 = 19.06648422 Yes, the mean wage seems reasonable adjusted for inflation. (v) Female = 252 Men = 274 (vi)distribution of hourly wages Skewed to the right.

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0 10 20 30 40 Percent 0 2 4 6 8 10 12 14 16 18 years of education The majority finish high school and end their education. Sporadic frequency of dropout through college.
0 10 20 30 40 0 5 10 15 20 25 0 5 10 15 20 25 0 1 Percent average hourly earnings Graphs by =1 if female (vii) hist wage, by(female) percent bin(20) start(0) xlab(0(5)25) A much higher proportion of women earn less than 5 dollars per hour.

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0 50 0 2 4 6 8 10 12 14 16 18 0 2 4 6 8 10 12 14 16 18 0 1 Percent years of education Graphs by =1 if female A much larger percentage of women dropout of education after high school. (viii) su wage if female==1 Variable | Obs Mean Std. Dev. Min Max -------------+-------------------------------------------------------- wage | 252 4.587659
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This note was uploaded on 03/08/2011 for the course ECON 304 taught by Professor Eyler during the Spring '07 term at Sonoma.

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Hw1 - Gregory Smith 9/7/2009 Cuellar Econometrics Hw 1 C1.1...

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