ECON5336ECONOMETRICS 1
Problem Set 1
ANAND DHARMARAJAN
ID # - 1001162879
Question 1:
Statistical Charts:
1. Graphi
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Descri
ptive
Techni
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V
Show
5. Million
aire
9. Frasier
2. Fr
e
q
u
e
nc
y
4. Percent
Frequency
6. 2
4
10. 1
5
14. 4
7. 0.48
8. 48
1. log wage = bo + 0.177 comp_w+ 0.070 comp_h + 0.017 comp_w *comp_h
(i) log wage = 0.177 + 0.017 d(comp_h)/dcomp_w = 17.7+1.7= 19.4%
(ii) log wage = 0.070 + 0.017 d(comp_w)/comp_h
People who use computers at home but not at work have about a 7% wage prem
Econometrics Homework 2
Group Members:
Anand Dharmarajan
Gulseren Ozay
Rahmawati Nusantari
Q2
An estimator is a rule, formula, algorithm, or recipe applied to the sample date to calculate a sample
estimate of a population parameter or coefficient. The pro
Econometrics Homework 3
Group Members:
Anand Dharmarajan
Rahmawati Nusantari
Gulseren Ozay
Q1
i. Bwght.dta has 14 variables:
1.
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3.
4.
5.
6.
7.
8.
9.
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14.
1988 family income. The average 1988 family income in the sample is $29,000.
Cigare