midterm_review

midterm_review - ECON 103 Lecture 7 Midterm Practice Maria...

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ECON 103, Lecture 7: Midterm Practice Maria Casanova April 26 (version 0) Maria Casanova Lecture 7
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Instructions: The exam will take place on Thursday April 28 during class time (11:00 to 12:15) Calculators WILL NOT be allowed Maria Casanova Lecture 7
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Exam structure: 5 True/False questions 2 analytical questions 1 Stata question Maria Casanova Lecture 7
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Exercise 1 You have a sample of N = 300 manual workers for whom you can observe: W =wage S = (years of) Education a) You begin by estimating the following model using Stata: ln W i = β 0 + β 1 S i + ε i Maria Casanova Lecture 7
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Exercise 1 Figure: Stata output . reg lnwage educ Source | SS df MS Number of obs = 300 -------------+------------------------------ F( 1, 298) = 6.12 Model | .639970473 1 .639970473 Prob > F = 0.0139 Residual | 31.1405619 298 .10449853 R-squared = 0.0201 -------------+------------------------------ Adj R-squared = 0.0168 Total | 31.7805324 299 .106289406 Root MSE = .32326 ------------------------------------------------------------------------------
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This note was uploaded on 09/23/2011 for the course ECON 103 taught by Professor Sandrablack during the Spring '07 term at UCLA.

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midterm_review - ECON 103 Lecture 7 Midterm Practice Maria...

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