subject
Business, 05.05.2021 16:40 mccdp55

You have obtained a sub-sample of 1744 individuals from the Current Population Survey (CPS) and are interested in the relationship between weekly earnings and age. The regression, using heteroskedasticity-robust standard errors, yielded the following result:. Earn = 239.16 + 5.20×Age , R = 0.05, SER = 287.21.,
(20.24) (0.57)
where Earn and Age are measured in dollars and years respectively.
(a) Is the relationship between Age and Earn statistically significant?
(b) The variance of the error term and the variance of the dependent variable are related. Given the distribution of earnings, do you think it is plausible that the distribution of errors is normal?
(c) Construct a 95% confidence interval for both the slope and the intercept.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:00
Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.
Answers: 1
question
Business, 22.06.2019 21:30
Providing a great shopping experience to customers is one of the important objectives of purple fashions inc., a clothing store. to achieve this objective, the company has a team of committed customer service professionals whose job is to ensure that customers get exactly what they want. this scenario illustrates that purple fashions is trying to achieve
Answers: 1
question
Business, 22.06.2019 23:20
Suppose you manage an upscale restaurant in new york city. would involve writing employee schedules and a list of things to do for the chef and other kitchen staff
Answers: 3
question
Business, 23.06.2019 04:00
Where can i find with 12th grade finances
Answers: 3
You know the right answer?
You have obtained a sub-sample of 1744 individuals from the Current Population Survey (CPS) and are...
Questions
question
Computers and Technology, 19.07.2019 05:20
question
Computers and Technology, 19.07.2019 05:20
question
Computers and Technology, 19.07.2019 05:20
Questions on the website: 13722360