a) Consider the following equation. CGPA = a + B (Scholarship) + Ø (Male) + 8(Female) +µ 1 is male Where Male = O is female 1 is male Female = O is female Discuss whether the OLS procedure is workable with the above specification.
a) Consider the following equation. CGPA = a + B (Scholarship) + Ø (Male) + 8(Female) +µ 1 is male Where Male = O is female 1 is male Female = O is female Discuss whether the OLS procedure is workable with the above specification.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![a)
Consider the following equation.
CGPA = a + B (Scholarship) + Ø (Male) + 8(Female) + µ
1 is male
Where
Male =
O is female
1 is male
{
Female =
L o is female
Discuss whether the OLS procedure is workable with the above specification.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3a5a0659-48ff-426e-b472-bc5142a47c1c%2F7d4261ac-ea6c-4a19-8609-fdfeb5d72a07%2Fgr8714l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:a)
Consider the following equation.
CGPA = a + B (Scholarship) + Ø (Male) + 8(Female) + µ
1 is male
Where
Male =
O is female
1 is male
{
Female =
L o is female
Discuss whether the OLS procedure is workable with the above specification.
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