You Have Estimated the Following Regression to Explain Hourly Wages,using

question 56

Essay

You have estimated the following regression to explain hourly wages,using a sample of 250 individuals: = -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 βmarried = βnonwhite = βnonwhite = βncentral = βsouth = 0 is 0.61.Do you reject the null hypothesis?

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Thomas Jefferson, an American Founding Father, the principal author of the Declaration of Independence (1776), and the third President of the United States (1801–1809), known for his contributions to the principles of democracy.