Mathematics, 25.07.2020 21:01 dannyhouseman55
Consider the lawsch85 dataset from the wooldridge package in R. Using OLS, estimate the equation: og(saary)=β0+β1LSAT+β2GPA+u log(salary) = \beta_0 + \beta_1 LSAT + \beta_2 GPA + u Suppose the median LSAT score for the students of a law school is 158 and their median college GPA is 3.5. What is the expected average salary for graduates of this law school? Hint: Note that the question is asking for average salary, not the average of og(saary)log(salary). Round your answer to two decimal places
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Consider the lawsch85 dataset from the wooldridge package in R. Using OLS, estimate the equation: og...
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