(Answered) 1 using the file in this homework folder womenjobxlsx first

Economics

1. Using the file in this homework folder (women_job.xlsx), first estimate the linear probability model: Job = f(Married, School, Age) in STATA. (Include your STATA work)

a. Report the values of the coefficients and p-values for each independent variable.

b. In words, express what the beta coefficient for "school" means using the values estimated by STATA.

c. Calculate R_p² using the method shown in class. (Show the work that you do in STATA)

2. Now repeat the steps above estimating the logit: Job = f(Married, School, Age) in STATA. (Include your STATA work)

a. Report the values of the coefficients and p-values for each independent variable.

b. In words, express what the beta coefficient for "school" means using the "rough estimate of 0.25" approach using the values estimated by STATA.

c. Calculate R_p² using the same approach as before.

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