Q: (i) The variable favwin is a binary variable if the
(i) The variable favwin is a binary variable if the team favored by the Las Vegas point spread wins. A linear probability model to estimate the probability that the favored team wins is P(favwin = 1|s...
See AnswerQ: Use the data in CPS91 for this exercise. These data are
Use the data in CPS91 for this exercise. These data are for married women, where we also have information on each husband’s income and demographics. (i) What fraction of the women report being in the...
See AnswerQ: (i) Using OLS on the full sample, estimate a
(i) Using OLS on the full sample, estimate a model for log(wage) using explanatory variables educ, abil, exper, nc, west, south, and urban. Report the estimated return to education and its standard er...
See AnswerQ: Use the data set in ALCOHOL, obtained from Terza (2002
Use the data set in ALCOHOL, obtained from Terza (2002), to answer this question. The data, on 9,822 men, includes labor market information, whether the man abuses alcohol, and demographic and backgro...
See AnswerQ: Use the data in JTRAIN98 to answer the following questions. Here
Use the data in JTRAIN98 to answer the following questions. Here you will use a Tobit model because the outcome, earn98, sometimes is zero. (i) How many observations (men) in the sample have earn98 =...
See AnswerQ: (i) For what percentage of the workers in the sample
(i) For what percentage of the workers in the sample is pension equal to zero? What is the range of pension for workers with nonzero pension benefits? Why is a Tobit model appropriate for modeling pen...
See AnswerQ: There, we used the data in FERTIL1 to estimate a linear
There, we used the data in FERTIL1 to estimate a linear model for kids, the number of children ever born to a woman. (i) Estimate a Poisson regression model for kids, Interpret the coefficient on y82...
See AnswerQ: Use the data in MLB1 for this exercise. (i
Use the data in MLB1 for this exercise. (i) Use the model estimated in equation (4.31) and drop the variable rbisyr. What happens to the statistical significance of hrunsyr? What about the size of the...
See AnswerQ: (i) Using the 428 women who were in the workforce
(i) Using the 428 women who were in the workforce, estimate the return to education by OLS including exper, exper2, nwifeinc, age, kidslt6, and kidsge6 as explanatory variables. Report your estimate o...
See AnswerQ: Use the data in APPLE for this exercise. These are telephone
Use the data in APPLE for this exercise. These are telephone survey data attempting to elicit the demand for a (fictional) “ecologically friendly” apple. Each family was (randomly) presented with a se...
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