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Econ351 Introductory Econometrics

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(a) Holding other factors fixed, what is the approximate difference in monthly salary between someone is married and someone who is not? Is this difference statistically significant?
(b) If we replaced the variable married with nonmarried (equal to 1 if the person is not married, 0 otherwise) what would happen to the constant? What would be the coefficient on nonmarried? Should we include both married and nonmarried in the model? Carefully explain.
(c) How could you test this model for heteroskedasticity? Explain the procedure, and use the below results to come to a conclusion about your test.
(d) Write out a theoretical model that expands on the estimated model above to allow for wages to differ across four groups: married and black, married and non-black, single and black, we well as single and non-black. What is the (theoretical) wage differential between someone is married and black and someone who is married and not black in this new model (holding all other variablesin the regression constant)?

Econ351 Introductory Econometrics

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MA5832 Data Mining and Machine Learning

Questions: 1. A survey of holiday accommodation in New Zealand shows that in Auckland, excluding caravan parks and camping grounds, 40% were full (i.e. had no vacancies). A random sample of 25 holiday accommodation facilities (of the same capacity) in Auckland is selected at random. Assume the p ...

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SPSS (PASW)

DESCRIPTIVE STATISTICS For this Assignment, you will use SPSS (PASW) software and learn to properly manipulate data according to APA requirements. This is an important skill and will be a major factor in future Assignments in this course, as well as in your Doctoral Study. To prepare for this Assign ...

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SEC 290 Introduction to Programming with Python

Question: Study the Tableclass and write a JUnit test class TableTest.java to test the Table class as follows. Submit the test class and screen captures showing pass of all the tests. Either JUnit4 or JUnit 5 in any IDE may be used. (2 points) Create a table and put 10 entries of your choi ...

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7BDIN010W Big Data Analytics and Business Intelligence

Task Learning Outcomes addressed: Define the concept of Business Intelligence (BI) and Big Data and recognise the importance of data for businesses. Critically evaluate the opportunities and limitations of applying data analytics process and appropriating a BI platform in an organisational contex ...

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