Part A. Use data charity.RData, collected by Franses and Paap (2001), regarding charitable contri- butions in the Netherlands. You will investigate the relationship between charitable contributions made by a person (gift) and the number of mailings per year sent by a charitable organization to that person (mailsyear). You consider a MLR model additionally controlling average of past gift amount (avggift) and response rate to mailings (propresp). The units for the gift and avggift variables, are in Dutch guilders that was the currency of the Netherlands from the 17th century until 2002, when it was replaced by the euro. (1) Write down econometrics models for your MLR model, using the variable names in the data (instead of x1, x2, 3 and y).

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Part A. Use data charity.RData, collected by Franses and Paap (2001), regarding charitable contri-
butions in the Netherlands. You will investigate the relationship between charitable contributions
made by a person (gift) and the number of mailings per year sent by a charitable organization to that
person (mailsyear). You consider a MLR model additionally controlling average of past gift amount
(avggift) and response rate to mailings (propresp). The units for the gift and avggift variables, are in
Dutch guilders that was the currency of the Netherlands from the 17th century until 2002, when it
was replaced by the euro.
(1) Write down econometrics models for your MLR model, using the variable names in the data
(instead of x1, x2, x3 and y).
Transcribed Image Text:Part A. Use data charity.RData, collected by Franses and Paap (2001), regarding charitable contri- butions in the Netherlands. You will investigate the relationship between charitable contributions made by a person (gift) and the number of mailings per year sent by a charitable organization to that person (mailsyear). You consider a MLR model additionally controlling average of past gift amount (avggift) and response rate to mailings (propresp). The units for the gift and avggift variables, are in Dutch guilders that was the currency of the Netherlands from the 17th century until 2002, when it was replaced by the euro. (1) Write down econometrics models for your MLR model, using the variable names in the data (instead of x1, x2, x3 and y).
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