MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question 3 Suppose you have a model: wage; = a, + azeduc; + azIQi + azexper, + a,DM; + a;DF; + a,DE; + €¿ where: wage .. annual wage the individual earns in £ educ ... years of education IQ .. IQ level exper ... years of on-the-job experience DM dummy, equal to one for males and zero for females dummy, equal to one for French-only speakers and zero otherwise ... dummy, equal to one for English-only speakers and zero otherwise represents the error term ... DF ... DE Suppose further that you have a sample of n individuals who speak only French, only English, or are bilingual. a) Explain how you would measure the payoff to someone of becoming bilingual given that his or her mother tongue is a. French b. English b) Explain how you would test the hypothesis that a French-only male earns as much as an English-only female.
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Transcribed Image Text:Question 3 Suppose you have a model: wage; = a, + azeduc; + azIQi + azexper, + a,DM; + a;DF; + a,DE; + €¿ where: wage .. annual wage the individual earns in £ educ ... years of education IQ .. IQ level exper ... years of on-the-job experience DM dummy, equal to one for males and zero for females dummy, equal to one for French-only speakers and zero otherwise ... dummy, equal to one for English-only speakers and zero otherwise represents the error term ... DF ... DE Suppose further that you have a sample of n individuals who speak only French, only English, or are bilingual. a) Explain how you would measure the payoff to someone of becoming bilingual given that his or her mother tongue is a. French b. English b) Explain how you would test the hypothesis that a French-only male earns as much as an English-only female.
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