If You're Running a Multiple Regression of Employee Hours Worked $\frac{\sum _ { i = 1 } ^ { N } \left( \text { Hours } _ { i } - b - m _ { 1 } \text { Tenure } _ { i } - m _ { 2 } M B A _ { i } \right)}{N}$

question 48

Multiple Choice

If you're running a multiple regression of employee Hours Worked on Tenure (in number of years) and MBA (a binary variable equal to 1 for an employee with an MBA, 0 otherwise) , which moment conditions would be used?

• A)
• \( \frac{\sum _ { i = 1 } ^ { N } \left( \text { Hours } _ { i } - b - m _ { 1 } \text { Tenure } _ { i } - m _ { 2 } M B A _ { i } \right)}{N} \) = 0
• B) \( \frac{\left.\sum_{i=1}^{N} \text { Hours }_{i}-b-m_{1} \text { Temure }_{i}-m_{2} \text { MBA }_{i}\right) \text { Tenure }_{i}}{N} \) = 0
• C)
• \( \frac{\sum _ { i = 1 } ^ { N } \left( \text { Hours } _ { i } - b - m _ { 1 } \text { Tenure } _ { i } \right) M B A _ { i }}{N} \) = 0
• D) The first two answer options are correct.

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