Business, 16.03.2020 17:46 scastillo8

Using the Excel data set College Distance, Preview the document described herePreview the document, run a regression of years of completed schooling (ed)(ed) on distance (in 10s of miles) from a 4-year college (dist).(dist).

(a) The coefficient on distance (dist) is (three decimal places). If distance increases by 30 miles, years of completed schooling change by years (three decimal places).

(b) Regress completed schooling (ed)(ed) on the variables dist, female, black, Hispanic, bytest, dadcoll, incomehi, ownhome, cue80,dist, female, black, Hispanic, bytest, dadcoll, incomehi, ownhome, cue80,and stwmfg80.stwmfg80. The coefficient on distance (dist) is now (three decimal places). This indicates that living 20 miles closer will change schooling by years (three decimal places).

a) the first blank is -0.042

b)the first blank is -0.032

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Using the Excel data set College Distance, Preview the document described herePreview the document,...

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