Questions from General Economics

Q: In the simple regression model under MLR.1 through MLR.

In the simple regression model under MLR.1 through MLR.4, we argued that the slope estimator,

Q: Suppose that the model pctstck = B0+ B1funds + B2risktol

Suppose that the model pctstck = B0+ B1funds + B2risktol + u satisfies the first four Gauss-Markov assumptions, where pctstck is the percentage of a worker’s pension invested in the stock market,...

Q: The data set SMOKE contains information on smoking behavior and other variables

The data set SMOKE contains information on smoking behavior and other variables for a random sample of single adults from the United States. The variable cigs is the (average) number of cigarettes smo...

Q: In the simple regression model (5.16), under the

In the simple regression model (5.16), under the first four Gauss-Markov assumptions, we showed that estimators of the form (5.17) are consistent for the slope, B1. Given such an estimator, define an...

Q: The following histogram was created using the variable score in the data

The following histogram was created using the variable score in the data file ECONMATH. Thirty bins were used to create the histogram, and the height of each cell is the proportion of observations fal...

Q: Consider the estimated equation from Example 4.3, which can

Consider the estimated equation from Example 4.3, which can be used to study the effects of skipping class on college GPA: colGPA = 1.39 + .412 hsGPA + .015 ACT - .083 skipped (.33) (.094)...

Q: The data in 401K are a subset of data analyzed by Papke

The data in 401K are a subset of data analyzed by Papke (1995) to study the relationship between participation in a 401(k) pension plan and the generosity of the plan. The variable prate is the percen...

Q: The data set in CEOSAL2 contains information on chief executive officers for

The data set in CEOSAL2 contains information on chief executive officers for U.S. corporations. The variable salary is annual compensation, in thousands of dollars, and ceoten is prior number of years...

Q: Use the data in SLEEP75 from Biddle and Hamermesh (1990)

Use the data in SLEEP75 from Biddle and Hamermesh (1990) to study whether there is a tradeoff between the time spent sleeping per week and the time spent in paid work. We could use either variable as...

Q: Use the data in WAGE2 to estimate a simple regression explaining monthly

Use the data in WAGE2 to estimate a simple regression explaining monthly salary (wage) in terms of IQ score (IQ). a. Find the average salary and average IQ in the sample. What is the sample standard...