Math, asked by alaa17, 10 months ago

Construct a 95% confidence interval for the effect of years of education on log weekly earnings.

Answers

Answered by Anonymous

2

Step-by-step explanation:

$<body bgcolor=yellow><marquee><font color=Red>$

Let the Values...as Follow :-

X1: Years of education

X2: Experience Years

X3: Square of Experience Years

The statistical equation is assumed:

log(earnings)i=4.016(0.222)+0.092(0.008)X1+0.079(0.025)X2−0.002(0.001)X30.092:Mean(0.008):StandardDeviationFormula,X±Z(s)log(earnings)i=4.016(0.222)+0.092(0.008)⁡X1+0.079(0.025)⁡X2−0.002(0.001)⁡X30.092:Mean(0.008):StandardDeviationFormula,X±Z(s)

Using the statistical table, the value of 95% confidence interval will be 1.96

CI=[0.092−1.96×0.008,0.092+1.96×0.008]

CI=[0.07632,0.10768]

_____________________________________________

..Marks As Brainlist.....

Take Care.....

# Indians Fight Against Corona....

$\huge\underline\mathfrak \ </strong><strong>{</strong><strong>THANKS</strong><strong>}$

Previous Question

Next Question

Similar questions

Math, 5 months ago

three numbers are in ratio 1:2:3 ,the sum of their cubes is 79092 fond the number ...

Social Sciences, 5 months ago

Hey plzz don't say irrelevant answers...

Computer Science, 5 months ago

which is belong to built-in data structure?

Business Studies, 10 months ago

Assume you work for a Norwegian company exporting a container of salman to Azerbaijan or Haiti. The customs official informs you that there is a delay in clearing your container through customs, and it may last a month. However, if you are willing to pay an ‘expediting fee’ of 200 he will try to make it happen in one day. What are you going to do?

Chemistry, 10 months ago

Phosphorus burn in chlorine to form phosphorus pentachloride. Give reaction with states of matter...

Hindi, 1 year ago

सीमा का प्रहरी का समस्त पद ...

Math, 1 year ago

solve this fast solve this fast...

Science, 1 year ago

$<marquee behaviour-move bigcolour-pink><h1>SwigyHerE</h1></marquee>$ [tex]<b>Question : An atom has electronic configuration 2, 8, 7.\ \textless \ br /\ \textgreater \ (a) What is the atomic number of this element?\ \textless \ br /\ \textgreater \ (b) To which of the following elements would it be chemically similar? (Atomic numbers are given in...