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Regression Analysis - Assignment Example

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The following assignment provides the regression analysis of labor. The received data shows that an addition of 10000 non-labor income will reduce the number of female in labor participation by (0.000001*100000)*100=10 percentage points…
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Regression Analysis
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Regression Analysis. Regression Analysis. Question a   Mean Standard Deviation   Minimum Maximum p 0.7104551050.453606951

0
1
v
57591.12472
73743.48832

-7600
832500
s
13.62533825
2.35277051

4
18
x
22.46838868
14.32613818

0
50
c
0.816236162
0.387339125

0
1
r
0.147601476
0.453398995

0
4
Question b
(excel sheet: Regression2).
Question c
The parameters are as follows: Non-labor income (v), years of schooling (s), years of experience(x), white (c) and children (r).
The coefficient p has p-value of 0.005348. it is thus statistically significant at significance level α=0.05 since p Read More
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