Method: Date: Time: No. Observations: Df Residuals: Dr Model: Covariance Type: Intercept educ IQ KWW exper black feduc meduc Least Squares Wed, 23 Nov 2022 08:57:40 coef -503.0058 40.5455 3.1654 7.2094 16.2338 -59.2987 10.8278 5.0471 nonrobust std err 722 714 7 138.947 8.660 1.199 2.120 3.740 52.143 5.353 6.106 F-statistics Prob (F-statistic): Log-Likelihood: AIC: BIC: t -3.620 4.682 2.640 3.400 4.340 -1.137 2.023 0.827 [0.025 p>It| 0.000 -775.800 0.000 23.543 0.008 0.812 0.001 3.047 0.000 8.891 0.256 -161.671 0.043 0.409 0.318 -6.941 23.83 3.31e-29 -5288.5 1.0590+04 1.063-04 0.9751 -230.212 57.548 5.519 11.372 23.577 43.074 21.338 17.035 Above is a regression of men's monthly earnings in dollars as a function of their years of education, their IQ score in "points", their Knowledge of the World of Work (KWW) score in points (a measure of their knowledge of how occupations work), their years of work experience (exper), whether they are Black, and their parents' education (feduc and meduc). How would you interpret the coefficient on mother's education (meduc)? For each additional year of education completed by a man's mother, a man earns about 5 percent more per month, controlling for education, IQ, knowledge of the world of work score, years of work experience, whether he's Black, and his father's education. For each additional year of education completed by a man's mother, a man earns about $5 more per month, controlling for education, IQ knowledge of the world of work score, years of work experience, whether he's Black, and his father's education. For each additional year of education completed by a man's mother, a man earns about $0.83 more per month, controlling for education, IQ, knowledge of the world of work score, years of work experience, whether he's Black, and his father's education. For each additional year of education completed by a man's mother, a man earns about $6 more per month, controlling for education, IQ knowledge of the world of work score, years of work experience, whether he's Black, and his father's education.

Method: Date: Time: No. Observations: Df Residuals: Dr Model: Covariance Type: Intercept educ IQ KWW exper black feduc meduc Least Squares Wed, 23 Nov 2022 08:57:40 coef -503.0058 40.5455 3.1654 7.2094 16.2338 -59.2987 10.8278 5.0471 nonrobust std err 722 714 7 138.947 8.660 1.199 2.120 3.740 52.143 5.353 6.106 F-statistics Prob (F-statistic): Log-Likelihood: AIC: BIC: t -3.620 4.682 2.640 3.400 4.340 -1.137 2.023 0.827 [0.025 p>It| 0.000 -775.800 0.000 23.543 0.008 0.812 0.001 3.047 0.000 8.891 0.256 -161.671 0.043 0.409 0.318 -6.941 23.83 3.31e-29 -5288.5 1.0590+04 1.063-04 0.9751 -230.212 57.548 5.519 11.372 23.577 43.074 21.338 17.035 Above is a regression of men's monthly earnings in dollars as a function of their years of education, their IQ score in "points", their Knowledge of the World of Work (KWW) score in points (a measure of their knowledge of how occupations work), their years of work experience (exper), whether they are Black, and their parents' education (feduc and meduc). How would you interpret the coefficient on mother's education (meduc)? For each additional year of education completed by a man's mother, a man earns about 5 percent more per month, controlling for education, IQ, knowledge of the world of work score, years of work experience, whether he's Black, and his father's education. For each additional year of education completed by a man's mother, a man earns about $5 more per month, controlling for education, IQ knowledge of the world of work score, years of work experience, whether he's Black, and his father's education. For each additional year of education completed by a man's mother, a man earns about $0.83 more per month, controlling for education, IQ, knowledge of the world of work score, years of work experience, whether he's Black, and his father's education. For each additional year of education completed by a man's mother, a man earns about $6 more per month, controlling for education, IQ knowledge of the world of work score, years of work experience, whether he's Black, and his father's education.

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter3: Functions And Graphs

Section3.3: Lines

Problem 76E

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