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Using the 2018 GSS, We Regressed the Number of Hours

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Using the 2018 GSS, we regressed the number of hours of television watched on the average day on three variables: years of education, age, and marital status. Marital status is a dummy variables with 1 = married. We get the following results for the unstandardized regression coefficients: TVhours = 3.38 - .13Educ + .03Age - .52Married. According to this equation,


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Equity Financing

A method of raising capital through the sale of shares in a company, giving investors ownership interests.

Ownership Interests

Pertains to rights or claims individuals or entities have in an asset, potentially entitling them to income generated by the asset and a share in the asset's liquidation proceeds.

Nominal Rate

The stated interest rate of a financial instrument, not accounting for inflation or compounding effects.

Effective Rate

The actual interest rate on a loan or investment, taking into account the effects of compounding and other factors.

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