Wage = hourly wage in $
Age = age in years
Female = 1 if female worker
Nonwhite = 1 if a nonwhite worker
Union = 1 if a union member
Education = years of schooling
Experience = potential labor market experience in years
The full data set can be found as Table 6-16 on the textbookâ??s Web site.
1n Wagei = B1 + B2 Age + B3 Female + B4 Nonwhite + B5 Union + B6 Education + B7 Experience + ui
where 1n Wage = (natural logarithm of Wage)
b. How do you interpret each regression coefficient?
c. Which of these coefficients are statistically significant at the 5% level? Also obtain the p value of each estimated t
d. Do union workers, on average, earn a higher hourly wage?
e. Do female workers, on average, earn less than their male counterparts?
f. Is the average hourly wage of female nonwhite workers lower than the average hourly wage of female white workers?
How do you know? (Hint: interaction dummy.)
g. Is the average hourly wage of female union workers higher than the average hourly wage of female non-union workers?
How do you know?
The regression coefficient is emphasized.
Regression in SPSS
Assume that you are an analyst for the City of Normalton in 1999. You have been asked by the Mayor to evaluate the effectiveness of two juvenile crime policies:
The strict curfew put in place on Jan1, 1994 and
The parental responsibility law put in place on March 1, 1994.
The police department has provided you with the dataset containing statistics they have assembled since 1990.
Specify the model to employ in analysis
Discuss the statistical tests to conduct
Provide the important tables and charts to reach conclusions
I WAS THINKING FOR THE STRICT CURVEW I WOULD EMPLOY REGRESSION MODEL. FOR THE PARENTAL RESPONSIBLITY I WOULD USE MULTIPLE REGRESSION AND OR SCATTERPLOT
PLEASE TELL ME WHICH TEST TO USE AND SHOW ME THE RESULTS.