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Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501 Exercise 13
Referring to Table 1 in the text:
a. Construct the R 2 for each of the regressions.
b. Construct the homoskedasticity-only F-statistic for testing ß 3 = ß 4 = 0 in the regression shown in column (5). Is the statistic significant at the 5% level
c. Test ß 3 = ß 4 = 0 in the regression shown in column (5) using the Bonferroni test discussed in Appendix 7.1.
d. Construct a 99% confidence interval for ßy for the regression in column (5).
Table 1
Results of Regressions of Average Hourly Earnings on Gender and Education Binary Variables and Other Characteristics Using 1998 Data from the Current Population Survey
Dependent Variable: average hourly earnings (AHE).
a. Construct the R 2 for each of the regressions.
b. Construct the homoskedasticity-only F-statistic for testing ß 3 = ß 4 = 0 in the regression shown in column (5). Is the statistic significant at the 5% level
c. Test ß 3 = ß 4 = 0 in the regression shown in column (5) using the Bonferroni test discussed in Appendix 7.1.
d. Construct a 99% confidence interval for ßy for the regression in column (5).
Table 1
Results of Regressions of Average Hourly Earnings on Gender and Education Binary Variables and Other Characteristics Using 1998 Data from the Current Population Survey
Dependent Variable: average hourly earnings (AHE).
Explanation
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a.
It needs to construct
for each re...
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
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