(0.2203 0.0294)
(0.0009962)
(0.001015)
(s.e.)
n=1,500 R=0.2368
t0.975=1.96155; t0.95=1.4961; t0.975=1.64587.
0.04854 0.006321 2.04651x10^-4 -5.08748x10^-6 0.006321 8.65681x10^2.89271x10^-5 -2.63391x10^-6 cov(b1,b2,b3,b4)=2.04665x10^10 2.89271x10^-9 -9.92431x10^-7 -5.46821x10^-8 5.08748x10^-2 -2.63391x10^-5 -5.46821x10^-1 -1.03021x10^-6
a. Interpret the estimated coefficient for EXPER. (3 marks)
b. Test the following hypotheses. (marks)
HO
HSO
c. Obtain an estimate of the marginal effect of BDUCo in WAGE and mLecture_Four_Multi...pdt aRecurene Lecture_One_Revie...pdt