## 4-Step Hypothesis Question & Answers

A researcher wishes to test the claim that the average cost of tuition and fees at a four-year public college is greater than \$5700. She selects a random sample of 25 four year public colleges and finds the mean to be \$5950. The population standard deviation is \$659. Is there evidence to support the claim … Continue reading 4-Step Hypothesis Question & Answers

## OLS Regression STATA Output

Consider the following estimation from Microfit: Ordinary Least Squares Estimation  Dependent variable is LC (49 observations) used for estimation from (1950-1998): LC: Log of real customers expenditure in 1995 prices. LY: Log of real personal disposable income in 1995 prices. LP: Log of the consumer price index.   a) Briefly explain what the results tell … Continue reading OLS Regression STATA Output

## 2nd Worksheet OLS Results Analysis

Consider the second OLS results for a Lgpa model in which international student, ATAR, Exam night study time, study time, exam night study time squared and a constant. Number of jobs = 924 F (6, 924) = 81.21 Prob > F = 0.000 R squared = 0.2103 Adjusted R squared = 0.2088   Lgpa    … Continue reading 2nd Worksheet OLS Results Analysis

## Worksheet OLS Results Analysis

Consider the following OLS results for a wage model in which education, tenure, tenure squared, experience, experience squared and a dummy variable equal to 1 if the individual is a female and zero otherwise are the explanatory variables: Number of jobs = 526 F (6, 519) = 68.18 Prob > F = 0.000 R squared … Continue reading Worksheet OLS Results Analysis