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:

Vagus Nerve

A cranial nerve that innervates major organs, including the heart and digestive tract, playing a crucial role in autonomic functions like heart rate and digestion.

Glossopharyngeal Nerve

The ninth cranial nerve, which is responsible for taste and other functions in the tongue and throat.

Spinal Reflex Arc

A neural pathway that mediates a reflex action involving the spinal cord, consisting of at least one sensory neuron and one motor neuron.

Sensory Neuron

A type of neuron that transmits signals from sensory receptors towards the central nervous system, allowing it to perceive stimuli.