Lecture 9, ECON 123A, Fall 2011Dale J. Poirier9-1Lecture 9Multiple Regression Analysis: Estimation3.1Regression The Model with Two Independent VariablesExample:Augment the wage regression example in Chapter 2 towhere exper is years of labor market experience. Suppose we are primarilyinterested in the effect of educ on wage, holding fixed all other factorsaffecting wage; that is, we are interested in the parameter $1.(3.1)
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