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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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Subject: Business
Type: Assignment
Level: High School
Pages: 1 (250 words)
Downloads: 3
Author: kbogisich

Extract of sample "Regression Analysis"

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

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