stock_watson_ch5_problems_fall11

stock_watson_ch5_problems_fall11 - the same for these two...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Stock and Watson Chapter 5 Problems Example 1 = 23.851 -3.152 × Female i n = 428 (0.657) (1.007) The dummy Female equals 1 for females and 0 for males. Robust standard errors appear in parentheses. What are average hourly earnings for women in the sample? What are average hourly earnings for men in the sample? Do you reject the null that average hourly earnings are the same for these two groups in the population against the two-sided alternative at the 5% level? Example 2 = 16.395 -0.090 × Female i n = 337 (0.614) (0.818) The dummy Female equals 1 for females and 0 for males. Robust standard errors appear in parentheses. What are average hourly earnings for women in the sample? What are average hourly earnings for men in the sample? Do you reject the null that average hourly earnings are
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: the same for these two groups in the population against the two-sided alternative at the 5% level? Example 3 = 14.883 + 7.103 CollegeDegree i n = 4,673 (0.164) (0.257) The dummy CollegeDegree equals 1 for college graduates and 0 for high school graduates. The sample consists of full-time male workers aged 25-34 whose highest level of educational attainment is either a high school degree or a college degree. Robust standard errors appear in parentheses. What are average hourly earnings for college graduates in the sample? What are average hourly earnings for high school graduates in the sample? Do you reject the null that average hourly earnings are the same for these two groups in the population against the two-sided alternative at the 5% level?...
View Full Document

Page1 / 2

stock_watson_ch5_problems_fall11 - the same for these two...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online