Histogram of wage
Histogram of ln(wage)
ln(wage) histogram is more normalized than the wage histogram.
Linear regression of wage over educ.
WAGE=6.710328+ 1.980288 EDUC +e
Every 1 unit increase (one year) of EDUC
Introduction to Econometrics
Office hours: MW 3pm to 5pm
The following textbook is required: Principles of Econometrics. Fourth Edition. Authors: R. Carter
Hill, William E. Gr
The regression without watertrad (watertrad stands for waterfront*traditional).
The regression with watertrad. (watertrad stands for waterfront*traditional).
By looking at these two regressions you can see that when you add the
Regression with the first condition
Error with the first condition
Regression with the second condition
Error with the second condition
Regression with the third condition
Error with the third condition
PRICE=114597.430.72888 SQFT 442.0336 AGE+ 0.022186 SQFT 2 26.51899 AGE 2 0.930620
The price of the house will increase as the square footage of the house increases and
this is a real
Lab Report 1
The exxon mobil stock has a beta of .461 which is less than 1 so because of
Beta < 1 the stock is defensive.
The intercept is -.00796 which is close to zero.
a) Summary Statistics:
Use the highest rates for each case since you are
Explanation: If you borrow 1 dollar today, you must pay 1*(1+1/4 *0.03) in a fourth of a year, or 3 months.
In three months, you borrow 1*(1+1/4 *0.03). In 6 months you must pay 1*(1+1/4 *0.03)*