
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
النسخة 4الرقم المعياري الدولي: 978-0324660609
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
النسخة 4الرقم المعياري الدولي: 978-0324660609 تمرين 12
Use the data in WAGE2.RAW for this exercise.
(i) Consider the standard wage equation
State the null hypothesis that another year of general workforce experience has the same effect on log(wage) as another year of tenure with the current employer.
(ii) Test the null hypothesis in part (i) against a two-sided alternative, at the 5% significance level, by constructing a 95% confidence interval. What do you conclude
(i) Consider the standard wage equation

State the null hypothesis that another year of general workforce experience has the same effect on log(wage) as another year of tenure with the current employer.
(ii) Test the null hypothesis in part (i) against a two-sided alternative, at the 5% significance level, by constructing a 95% confidence interval. What do you conclude
التوضيح
(i)
The null hypothesis of our interest ...
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
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