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Using Data from the Current Population Survey,you Estimate the Following

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Using data from the Current Population Survey,you estimate the following relationship between average hourly earnings (ahe)and the number of years of education (educ): Using data from the Current Population Survey,you estimate the following relationship between average hourly earnings (ahe)and the number of years of education (educ):   = -4.58 + 1.71 educ The heteroskedasticity-robust standard error on the slope is (0.03).Calculate the 95% confidence interval for the slope.Repeat the exercise using the 90% and then the 99% confidence interval.Can you reject the null hypothesis that the slope coefficient is zero in the population? = -4.58 + 1.71 educ
The heteroskedasticity-robust standard error on the slope is (0.03).Calculate the 95% confidence interval for the slope.Repeat the exercise using the 90% and then the 99% confidence interval.Can you reject the null hypothesis that the slope coefficient is zero in the population?


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