he desk beneath is used all through the quiz.
It accommodates three estimated regressions, which have been computed in 2007 utilizing knowledge on staff. The info set used for the regressions consisted of data on over 10,000 full-time, full-year employees.
Staff have been surveyed on their earnings and whether or not they had graduated highschool or not. The info set additionally accommodates info on the area of the nation the place the individual lived (North / East / South / West), and the person’s gender and age.
For the needs of this quiz:
AHE = common hourly earnings
Graduated highschool (X1) = binary variable (1 if the worker graduated highschool, zero if they didn’t)
Male (X2) = binary variable (1 if male, zero if feminine)
Age (X3) = age in years
North (X4) = binary variable (1 if Area = North, zero in any other case)
South (X5) = binary variable (1 if Area = South, zero in any other case) Economics homework assist
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