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From stock and watson 3rd edition introduction to econometrics Using the data set CollegeDistance described, run a regression of years of completed education (ED) on distance to the nearest college (Dist) and carry out the following exercises. a) Is the estimated regression slope coefficient statistically significant? That is, can you reject the null hypothesis Ho: β1=0 versus a two sided alternative at the 10%, 5%, or 1% significance level? What is the p-value associated with coefficient's t-statistic?
b) Construct a 95% confidence interval for the slope coefficient.
c) Run the regression using data only on females and repeat (b)
d) Run the regression using data only on males and repeat (b)
e) Is the effect of distance on completed years of education different for men than for women?
casual factors of the traditional business cycle and its effect on sectors of the economy?
whwt is the difference between the fixed accelerator and the flexible accelerator theories of investment?
If the firm‘s lowest average cost is $52 and the corresponding average variable cost is $26, what does it pay a perfectly competitive firm to do if • The market price is $51?
reason why the change in equilibrium of output is greater than the change in initial invest ..
# ???? .. difference between gdp at market price and nnp at factor cost
Due to the recent downturn in economic activity, Taz, has seen his hours at work reduced. He used to work 30 hours a week at $13 and hour, but now he works 22 hours. Due to this
Assume that government purchases decrease by $10 billion, with other factors held constant, including the price level. Calculate the change in the level of real GDP demanded for ea
Syesha loves to eat Sunday breakfast at her local Scrambles restaurant. She usually orders a la carte. Her usual breakfast consists of 2 scrambled eggs, 1 piece of bacon and 2 link
1. What is law of diminishing marginal utility? 2. Find out the marginal utility for the following schedule of consuming pizza Pizza consumed 0
Q. Consumption function in the AS-AD model? Consumption. Suppose that P increases by say 10% whereas real GDP (Y) is constant. Nominal GDP and nominal national will now have
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