Please no written by hand solutions 8. (a) Consider the following partial result which is obtained using STATA statistical package log wage TSS = 4341.5392 ESS 1929.7403 N = 3962 = = 4.8868+ 0.1615 educ + 0.0287 age se = (0.0467) (0.0034) (0.0011) (3) (i) Interpret the regression coefficients. (ii) Compute R2 and interpret the result. (ii) Test the null hypothesis that all coefficients are individually zero against the alternatives that they are not equal to zero. (iv) Test the null hypothesis that all slope coefficients are simultaneously zero against the alternative that they are not simultaneously zero. (Give Fo.01 (2, 3959) = 3.82

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
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Please no written by hand solutions

8. (a) Consider the following partial result which is obtained using STATA statistical package

log wage TSS = 4341.5392 ESS 1929.7403 N = 3962 = = 4.8868+ 0.1615 educ + 0.0287 age

se = (0.0467) (0.0034) (0.0011)

(3)

(i) Interpret the regression coefficients.

(ii) Compute R2 and interpret the result.

(ii) Test the null hypothesis that all coefficients are individually zero against the alternatives that they are not equal to zero.

(iv) Test the null hypothesis that all slope coefficients are simultaneously zero against the alternative that they are not simultaneously zero. (Give Fo.01 (2, 3959) = 3.82)

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