Binary Variables

by | Jun 23, 2021 | Assignment Help

The problem below is about Binary Variables See Regression function below:

ln(wage) = Beta0 + Beta1GED+Beta2AGE+Beta3AGESQ+B4EDUC+uGED – general education development (GED = 1, if graduated, 0 otherwise)AGE – individual age EDUC – years of education

How to get a model that allows the effect of the GED program to vary between minorities and non-minorities

This is a sample question

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