log(wage) — 0.390- 0.337female + 0.084educ + 0.039елрer - 0.0001ехреr (0.007) (0.102) (0.036)* (0.005) (0.0007) п 3 526, SSR — n = 89.06, SST = 148.33

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.6: Exponential And Logarithmic Equations
Problem 6E
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Using the standard normal approximation, calculate the 95% confidence interval for βeduc.

log(wage) = 0.390 – 0.337female + 0.084educ+ 0.039exper – 0.0001exper?
(0.007)
-
(0.102)
(0.036)
(0.005)
(0.0007)
n = 526, SSR = 89.06, SST = 148.33
Transcribed Image Text:log(wage) = 0.390 – 0.337female + 0.084educ+ 0.039exper – 0.0001exper? (0.007) - (0.102) (0.036) (0.005) (0.0007) n = 526, SSR = 89.06, SST = 148.33
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