In the Signaling Theory of Education

question 296

Multiple Choice

In the signaling theory of education,

• A)discrimination does not affect wage differentials.
• B)schooling makes workers more productive in the long-run.
• C)schooling makes workers more productive in the short-run.
• D)the worker signals to the employer that he is a valuable employee because he was willing to spend time to get an education.

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Definitions:

Main Effect

The direct influence of an independent variable on a dependent variable in an experimental design.

Two-Way ANOVA

An extension of the ANOVA that assesses the effect of two different categorical independent variables on one continuous dependent variable.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution, typically in the context of parameters estimated from sample data.

F Statistic

A ratio used in analysis of variance (ANOVA) tests to determine whether the group means are statistically different from each other.