37 - Chapter 3, Exercise Solutions, Principles of...

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Chapter 3, Exercise Solutions, Principles of Econometrics, 3e 37 EXERCISE 3.4 (a) 11 se( ) bt b = 1.257 × 2.174 = 2.733 0 4 8 12 16 20 24 0 10 20 30 40 50 60 70 80 90 100 PMHS MIM Figure xr3.4(a) Estimated regression function (b) 22 se( ) 0.180 5.754 0.0313 bb t == = (c) p -value = 2 × ( ) 1 ( 1.257) Pt −< = 2 × (1 0.8926) = 0.2147 Figure xr3.4(b) P -value diagram (d) The estimated slope 2 0.18 b = indicates that a 1% increase in males 18 and older, who are
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This note was uploaded on 11/23/2011 for the course ECON MPBE taught by Professor Jansveceny during the Spring '11 term at Metropolitní Univerzita Praha.

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