Explore BrainMass

Explore BrainMass

    Data analysis: Basic regression analysis

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    May I please get assistance with the attached problem? I am failing to use Stata program to read the data. Please give me a detailed analysis of the data.

    © BrainMass Inc. brainmass.com December 24, 2021, 11:07 pm ad1c9bdddf


    Solution Preview

    Hi, this is an interesting problem to teach you about very basic regression analysis. I had to rename the file Wage2.dta to get it work with my stata, but once I did that, it was quite easy.

    To go through the problems (output is shown in the attached file):

    1. The regression of education on the log of wages is shown at the top. According to this model, education has a very positive and very strong significant effect (t ...

    Solution Summary

    An introductory tour through regression analysis, including the differentiation between exogenous and endogenous variables.