You Have Estimated the Following Regression to Explain Hourly Wages $\widehat { \mathrm { AHE } }$

question 9

Essay

You have estimated the following regression to explain hourly wages, using a sample of 250 individuals: $\widehat { \mathrm { AHE } }$ = -2.44 - 1.57 × DFemme + 0.27 × DMarried + 0.59 × Educ + 0.04 × Exper - 0.60 × DNonwhite
(1.29)(0.33)(0.36)(0.09)(0.01)(0.49)
+ 0.13 × NCentral - 0.11 × South
(0.59)(0.58)
R² = 0.36, SER = 2.74, n = 250
Test the null hypothesis that the coefficients on DMarried, DNonwhite, and the two regional variables, NCentral and South are zero. The F-statistic for the null hypothesis β_married = β_nonwhite = β_nonwhite = β_ncentral = β_south = 0 is 0.61. Do you reject the null hypothesis?

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Definitions:

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