Professional Documents
Culture Documents
a)
Source |
SS
df
MS
Number of obs =
-------------+------------------------------
F(
1,
463
461) =
17.08
Model |
5.08300731
5.08300731
Prob > F
0.0000
Residual |
137.155613
461
.297517598
R-squared
0.0357
Adj R-squared =
0.0336
Root MSE
.54545
-------------+-----------------------------Total |
142.23862
462
.307875801
-----------------------------------------------------------------------------course_eval |
Coef.
Std. Err.
P>|t|
-------------+---------------------------------------------------------------beauty |
.1330014
.0321775
4.13
0.000
.0697687
.1962342
_cons |
3.998272
.0253493
157.73
0.000
3.948458
4.048087
Source |
SS
df
MS
-------------+------------------------------
Number of obs =
F(
6,
463
456) =
13.90
Model |
21.9971655
3.66619426
Prob > F
0.0000
Residual |
120.241455
456
.263687401
R-squared
0.1546
Adj R-squared =
0.1435
Root MSE
.51351
-------------+-----------------------------Total |
142.23862
462
.307875801
-----------------------------------------------------------------------------course_eval |
Coef.
Std. Err.
P>|t|
-------------+---------------------------------------------------------------beauty |
.16561
.0307296
5.39
0.000
.1052208
.2259991
intro |
.011325
.0544778
0.21
0.835
-.0957338
.1183838
onecredit |
.6345271
.1113391
5.70
0.000
.4157257
.8533284
female |
-.1734774
.0492791
-3.52
0.000
-.2703197
-.0766352
minority |
-.1666154
.0762784
-2.18
0.029
-.3165162
-.0167147
nnenglish |
-.2441613
.1069578
-2.28
0.023
-.4543527
-.0339699
_cons |
4.068289
.037543
108.36
0.000
3.99451
4.142068
For each additional unit of Beauty, Course Evaluation will be increased by 0.166.
The R2 of the regression in (a) is too slow. It is 0.0357; it shows us that there is no
correlation between the variables, so there must be some omitted variable bias
that can be relevant in order to make the regression acceptable.
6-2
A.
. reg ed dist
Source |
SS
df
MS
Number of obs =
-------------+-----------------------------Model |
93.0256754
93.0256754
Residual |
12394.3568
3794
3.266831
F(
-------------+-----------------------------Total |
12487.3825
3795
3.29048287
1,
3796
3794) =
28.48
Prob > F
0.0000
R-squared
0.0074
Adj R-squared =
0.0072
Root MSE
1.8074
-----------------------------------------------------------------------------ed |
Coef.
Std. Err.
P>|t|
-------------+---------------------------------------------------------------dist |
-.0733727
.0137498
-5.34
0.000
-.1003304
-.046415
_cons |
13.95586
.0377241
369.95
0.000
13.88189
14.02982
B. . reg
ed dist bytest female black hispanic incomehi ownhome dadcoll cue80 stwmfg80
Source |
SS
df
MS
Number of obs =
-------------+------------------------------
F( 10,
3796
3785) =
146.35
Model |
3481.95254
10
348.195254
Prob > F
0.0000
Residual |
9005.42997
3785
2.37924173
R-squared
0.2788
Adj R-squared =
0.2769
Root MSE
1.5425
-------------+-----------------------------Total |
12487.3825
3795
3.29048287
-----------------------------------------------------------------------------ed |
Coef.
Std. Err.
P>|t|
-------------+---------------------------------------------------------------dist |
-.0315387
.0123703
-2.55
0.011
-.0557918
-.0072857
bytest |
.0938201
.0031622
29.67
0.000
.0876204
.1000199
female |
.145408
.0505889
2.87
0.004
.0462239
.244592
black |
.367971
.071363
5.16
0.000
.2280574
.5078846
hispanic |
.3985196
.0744617
5.35
0.000
.2525308
.5445085
incomehi |
.3951984
.0605308
6.53
0.000
.2765222
.5138746
ownhome |
.1521313
.0668075
2.28
0.023
.0211492
.2831135
dadcoll |
.6961324
.0687248
10.13
0.000
.5613911
.8308737
cue80 |
.0232052
.0096321
2.41
0.016
.0043207
.0420898
stwmfg80 |
-.0517777
.0198523
-2.61
0.009
-.0906999
-.0128556
_cons |
8.827518
.2502782
35.27
0.000
8.336825
9.318211
is being taken from a population rather than a sample, Adjusted R Squared is of little or no
different value from R Squared.
E. This coefficient stated that if the students father is a College Graduate the odds of
completing education become higher.
F. They appear because employment would have been easier to achieve if education was
completed, therefore the higher the unemployment rate, the higher the motivation to
complete education. State hourly wage in manufacturing appears because the higher the
wage, the more students would be likely to drop out of school to go earn money quick.
Yes the signs are what I believed because it represents the most logical scenario. For every
unit of unemployment rate that goes up, completed education will go up by 0.232052 and
for every unit of state hourly earnings in manufacturing completed education will go down
by 0.517777.
G. Y= 8.83 - 0.032(2) + 0.094(58) + 0.395 + 0.152 + 0.0232(7.5) 0.5178(9.75) = 9.89 years
of ED
H. Y= 8.83 - 0.032(4) + 0.094(58) + 0.395 + 0.152 + 0.0232(7.5) 0.5178(9.75) = 9.83 years
of ED
-3
a. summarize
Variable |
Obs
Mean
Std. Dev.
Min
Max
-------------+-------------------------------------------------------growth |
64
1.86912
1.816189
-2.811944
7.156855
rgdp60 |
64
3130.813
2522.979
366.9999
9895.004
tradeshare |
64
.5423919
.2283326
.140502
1.127937
yearsschool |
64
3.959219
2.553465
.2
10.07
rev_coups |
64
.1700666
.2254557
.9703704
-------------+-------------------------------------------------------assasinati~s |
64
.281901
SS
df
.494159
2.466667
b.
Source |
MS
-------------+------------------------------
Number of obs =
F(
5,
64
58) =
4.76
Model |
60.4973376
12.0994675
Prob > F
0.0010
Residual |
147.310822
58
2.53984176
R-squared
0.2911
Adj R-squared =
0.2300
Root MSE
1.5937
-------------+-----------------------------Total |
207.80816
63
3.29854222
------------------------------------------------------------------------------
growth |
Coef.
Std. Err.
P>|t|
-------------+---------------------------------------------------------------tradeshare |
1.340819
.9600631
1.40
0.168
-.5809558
3.262594
yearsschool |
.5642445
.1431131
3.94
0.000
.2777726
.8507165
rev_coups |
-2.150426
1.11859
-1.92
0.059
-4.389527
.0886756
assasinati~s |
.3225844
.4880043
0.66
0.511
-.6542624
1.299431
rgdp60 |
-.0004613
.0001508
-3.06
0.003
-.0007631
-.0001594
_cons |
.6268915
.783028
0.80
0.427
-.9405093
2.194292
The value of the coefficient on Rev_Coups is -2.15 and it is relatively large in a real world-sense
because not all the countries went through revolutions, insurrections or coup detats during the
period of 1960 to 1995.
e. Oil variable is omitted from the regression because even though the oil will explain a significant
part of a country growth rate, not all the countries have this rich natural resource.