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Mathematics, 19.02.2021 01:00 sierrawalk3896

The dataset uswages is drawn as a sample from the Current Population Survey in 1988. Fit a model with weekly wages as the response and years of education and experience as predictors. Report and give a simple interpretation to the regression coefficient for years of education. Now fit the same model but with logged weekly wages. Give an interpretation to the regression coefficient for years of education. Which interpretation is more natural

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The dataset uswages is drawn as a sample from the Current Population Survey in 1988. Fit a model wit...
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