Can you guys explain the answers please. Microsoft Word . Ecou x \\ D Microsoft

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Can you guys explain the answers please.

Microsoft Word . Ecou x D Microsoft Word-Ecou e chegg Study l Guided x OFinal%20with%20ANSWERS.pdf 28.Scena ruch Graduates-Part 3: You also use R to calculate the following: library(sandwich) sqrt(diag(vcovHC(ols2))) Intercept) 22171.180 Experience 2483.346 Bachelors 22804.511 Male 21633.504 library(Imtest) > coeftestols2, vcov = vcov HC) test of coefficients: Estimate Std. Error tvalue Prlt) intercept) 83903.0 22171.2 3.7843 0.0004443 … xperience 5928.1 2483.32.3871 0.0211464* Bachelors -90736.5 22804.5-3.9789 0.0002434 … Male 37212.0 21633.5 1.7201 0.0921344 gnif. codes: 0*** 0.001'** 0.01 0.05 0.1" 1 Which of the following is most accurate? Since the estimated coefficients for , a. andBshave not changed from your original analysis- you conclude that your data exhibits homoscedasticity c. This analysis uses the heteroskedasticity-robust standard error calculation for Bo. Bi. B2, and Bs b. Since the estimated coefficient for d. Compared to your original analysis, did not change from your original analysis you are more likely to reject the null you conclude that your data exhibits homoscedasticity hypothesis that -0 71, png ^ Chapter 6 (2).pdf

Explanation / Answer

Ans 28 The correct option of this question is option C i.e. this Analysis is used to hetroskedasticity- robust standard of error calculation for 0 1 2 3 and this is the best solution as in the above table the calculation is suitable.

Ans 29 The correct option of this question is option A i.e. this form is appropriate if the relationship between the income and experience is positive and concave and this is the best suitable answer among four because the above table shows the relationship between the income and the experience.

Ans 37 The correct answer of this question is option C i.e If you believe that the impact of the Experience of the income varies for men and women, then you should include an interaction term because as we calculated above the the equation this answer is best among the four options and also the income varies for men and women in the above table.

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