(Solution) Amanda Nguyen Department of Economics UCLA Economics 103 Introduction to Econometrics Spring 2016 Problem Set 2 - Due From textbook: all data sets... > Snapessays.com

(Solution) Amanda Nguyen Department of Economics UCLA Economics 103 Introduction to Econometrics Spring 2016 Problem Set 2 - Due From textbook: all data sets...

Can anybody shows me how to do Exercise 1 c,d,e in the fileAmanda Nguyen

Economics 103

Department of Economics

Introduction to Econometrics

UCLA

Spring 2016

Problem Set 2 - Due

From textbook:

all data sets can be found at http://www.principlesofeconometrics.com/poe4/poe4stata.htm

4.14

5.12

6.14 (skip b, d)

Exercise 1:

Consider the following STATA output.

. reg inctot educ educ2 white noenglish

Source |

SS

-------------+------------

Model |

91226.521

Residual |

410098.561

-------------+------------

Total |

501325.082

------------------------------------------------------------------------------

inctot |

Coef.

Std. Err.

t

P>|t|

[95% Conf. Interval]

-------------+----------------------------------------------------------------

educ |

3899.688

458.2786

8.51

0.000

4798.089

3001.286

educ2 |

-162.2101

37.4014

-17.52

0.000

-581.889

-728.5312

white |

2319.828

766.765

3.03

0.002

816.6746

3822.982

noenglish |

-3097.433

809.5919

-3.83

0.000

-4684.544

-1510.323

_cons |

12144.37

1576.941

7.70

0.000

9052.966

15235.78

------------------------------------------------------------------------------

. reg inctot white noenglish

Source |

SS

-------------+------------

Model |

23921.978

Residual |

477403.104

-------------+------------

Total |

501325.082

------------------------------------------------------------------------------

inctot |

Coef.

Std. Err.

t

P>|t|

[95% Conf. Interval]

-------------+----------------------------------------------------------------

white |

3986.13

828.3894

4.81

0.000

2362.17

5610.091

noenglish |

-12637.21

796.1444

-15.87

0.000

-14197.96

-11076.46

_cons |

21146.69

754.1042

28.04

0.000

19668.36

22625.02

------------------------------------------------------------------------------

Data from the 2010 Puerto Rico Census (sample of 5,661 individuals) used to generate the output:

inctot

i

is income of individual i

educ

i

is the level of schooling for individual i

educ

2

i

is the level of schooling, squared, for individual i

white

i

is an indicator variable for whether or not individual i is Caucasian

1

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