(Continuation from Chapter 4, Number 3)You Have Obtained a Sub-Sample $\begin{aligned}\widehat{\text { Earn }}= & 239.16+5.20 \times \text { Age }, R^{2}=0.05, \text { SER }=287.21 ., \\& (20.24)(0.57)\end{aligned}$

question 30

Essay

(continuation from Chapter 4, number 3)You have obtained a sub-sample of 1744
individuals from the Current Population Survey (CPS)and are interested in the
relationship between weekly earnings and age.The regression, using
heteroskedasticity-robust standard errors, yielded the following result: $\begin{aligned}\widehat{\text { Earn }}= & 239.16+5.20 \times \text { Age }, R^{2}=0.05, \text { SER }=287.21 ., \\& (20.24)(0.57)\end{aligned}$
where Earn and Age are measured in dollars and years respectively.
(a)Is the relationship between Age and Earn statistically significant?

---

Definitions:

Internal Proposals

Proposals or plans suggested within an organization, aiming to address internal issues or propose new projects.

Procedural Reports

Documentations detailing the methods and procedures followed to accomplish a task or process, often used in technical fields and businesses to ensure consistency and standardization.

Policy Reports

Documents that present information, analysis, and recommendations regarding specific policies or policy issues.

Personal Reports

Narratives or accounts written from an individual’s perspective, detailing their experiences, observations, or activities.