Chat with AI
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Edition 4ISBN: 978-0324660609Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Edition 4ISBN: 978-0324660609 Exercise 9
Use the data in ATTEND.RAW for thiexercise.
(i) In the model of Example 6.3, argue that stndfnl/ priGPA 2 + 2 4 priGPA + 6 atndrte. Use equation (6.19) to estimate the partial effect when priGPA = 2.59 and atndrte = 82. Interpret your estimate.
(ii) Show that the equation can be written as stndfnl = 0 + 1 atndrte + 2 priGPA + 3ACT + 4 (priGPA - 2.59) 2 + 5 ACT 2 + 6 priGPA(atndrte - 82) + u,
where 2 = 2 + 2 4 (2.59) + 6 (82). (Note that the intercept has changed, but this is unimportant.) Use this to obtain the standard error of
from part (i).
(iii) Suppose that, in place of priGPA(atndrte - 82), you put (priGPA - 2.59)-(atndrte - 82). Now how do you interpret the coefficients on atndrte and priGPA
(i) In the model of Example 6.3, argue that stndfnl/ priGPA 2 + 2 4 priGPA + 6 atndrte. Use equation (6.19) to estimate the partial effect when priGPA = 2.59 and atndrte = 82. Interpret your estimate.
(ii) Show that the equation can be written as stndfnl = 0 + 1 atndrte + 2 priGPA + 3ACT + 4 (priGPA - 2.59) 2 + 5 ACT 2 + 6 priGPA(atndrte - 82) + u,
where 2 = 2 + 2 4 (2.59) + 6 (82). (Note that the intercept has changed, but this is unimportant.) Use this to obtain the standard error of
from part (i).(iii) Suppose that, in place of priGPA(atndrte - 82), you put (priGPA - 2.59)-(atndrte - 82). Now how do you interpret the coefficients on atndrte and priGPA
Explanation
Verified
Verified
(i)
Hold all variables except priGPA fix...
Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
