Notes: ** indicates that the estimates are statistically significant at the 5 percent level.Manually construct a 95% confidence interval for the change in women’s average hourly earnings between 1992 and 2008. Manually construct a 95% confidence interval for the change in the gender gap in average hourly earnings between 1992 and 2008. ( hint portion in the second image attached) Based on the analysis answer the following questions:Is the gender gap large? Why? Did the estimated gender gap increased from 1992 to 2008? If so, how much? Is this increase statistically significant at the 5% level?How large is the gender gap in 1992 and 2008 if it is measure in percentage terms? Do you think it is large? [Hint: What percent is the difference with respect to average men’s earning? Manually calculate this percent and discuss.] MenWomenDifference between Men and Women95% CI fordifferenceSE (-)(8)0.33YearSm(2)10.17SW(5)7.87Пу(6)1368m(7)3.22"3.554.144.104.11**indicates that the estimates are statistically significant at the 5 percent level.(1)23.27(3)1594(4)20.05(9)(2.58, 3.88][2.80, 4.19[3.32, 4.97]3.40, 4.803.41, 4.80]|1992199622.4810.10137918.987.9512300.35200024.8811.60130320.749.3611810.42200412.0121.0220.8725.1218949.3617350.3611.78200824.9818389.6618710.35Notes: Manually construct a 95% confidence interval for the change in the gender gap in average hourlye.earnings between 1992 and 2008. [Hint: ,1992- Pw.1992 is independent of m,2008Pw2008

Hey, since there are multiple subpart questions posted, we will answer first two subpart questions.…

Answered: Men Women Difference between Men and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Concept explainers

Question

Notes: ** indicates that the estimates are statistically significant at the 5 percent level.

Manually construct a 95% confidence interval for the change in women’s average hourly earnings between 1992 and 2008.
Manually construct a 95% confidence interval for the change in the gender gap in average hourly earnings between 1992 and 2008. ( hint portion in the second image attached)
Based on the analysis answer the following questions:
1. Is the gender gap large? Why?
2. Did the estimated gender gap increased from 1992 to 2008? If so, how much? Is this increase statistically significant at the 5% level?
3. How large is the gender gap in 1992 and 2008 if it is measure in percentage terms? Do you think it is large? [Hint: What percent is the difference with respect to average men’s earning? Manually calculate this percent and discuss.]

Men
Women
Difference between Men and Women
95% CI for
difference
SE (-)
(8)
0.33
Year
Sm
(2)
10.17
SW
(5)
7.87
Пу
(6)
1368
m
(7)
3.22"
3.55
4.14
4.10
4.11**
indicates that the estimates are statistically significant at the 5 percent level.
(1)
23.27
(3)
1594
(4)
20.05
(9)
(2.58, 3.88]
[2.80, 4.19
[3.32, 4.97]
3.40, 4.80
3.41, 4.80]|
1992
1996
22.48
10.10
1379
18.98
7.95
1230
0.35
2000
24.88
11.60
1303
20.74
9.36
1181
0.42
2004
12.01
21.02
20.87
25.12
1894
9.36
1735
0.36
11.78
2008
24.98
1838
9.66
1871
0.35
Notes:

Manually construct a 95% confidence interval for the change in the gender gap in average hourly
e.
earnings between 1992 and 2008. [Hint: ,1992- Pw.1992 is independent of m,2008
Pw2008

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 4 steps with 2 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Point Estimation, Limit Theorems, Approximations, and Bounds$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions