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Lecture+13+Multiple+Regression+Analysis+-+Inference+cont+

Lecture+13+Multiple+Regression+Analysis+-+Inference+cont+ -...

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Lecture 13, ECON 123A, Fall 2011 Dale J. Poirier 13-1 Lecture 13 Multiple Regression Analysis: Inference (continued) Economic, or Practical, versus Statistical Significance (continued) Example 4.6 (Participation Rates in 401 (k) Plans): Example 3.3 used data on 401(k) plans to estimate a model describing participation rates in terms of the firm’s match rate and age of the plan. Including a measure of firm size = total number of employees ( totemp ), the estimated equation is
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