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Mathematics, 27.08.2019 18:10 laskew37221
Iven the following estimated regression, give the correct magnitude of the coefficients, and provide a one sentence interpretation of the relationship between y and x as talked about in class (not a sentence you make up on your own). (4 wage 15.00 + 0.28-yrsedu. where wage is currently in dollars, and yrsedu. are in years. a) suppose we want wages to be in thousands of dollars instead of dollars. b) suppose we want yrsedu. to be in terms of weeks instead of years. c) suppose we want wages to be in hundreds of dollars and yrsedu. in days (given that a year of education is only 180 days).
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Iven the following estimated regression, give the correct magnitude of the coefficients, and provid...
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