Unformatted text preview: w2): reg e1w1r1 . Then we see that the coefficient of the relative wage is .7373911 . Then in order to test the hypothesis we use the command: testw1  .7373911 . From this result we see that this is a very unlikely probability with a probability of 0% and an F distribution (1,1107) = 2521.11. Therefore, it is very unlikely the coefficient of ones own wage will equal the coefficient of the relative wage....
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 Fall '08
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 Statistics, Normal Distribution, relative wage, standard error output

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