Question
In: Statistics and Probability
We have a data set named "pp123" with the following variables, "highestgradecompleted", "earn," "age", and "agesquared."...
We have a data set named "pp123" with the following variables, "highestgradecompleted", "earn," "age", and "agesquared."
Draft an R script with the following specifications (we aren't given the data file) and are asked just for the script.
Regress "earn" on "highestgradecompleted," "age," and "agesquared" such that it evaluates whether highestgradecompleted" has a discrete effect at particular thresholds: having 12 years of schooling ("highestgradecompleted" values equaling 12); having less than 12 ("highestgradecompleted" values < 12); and having more than 12 years of schooling ("highestgradecompleted" values > 12)
Solutions
orchestra answered 1 year agoRelated Solutions
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fixed costs were $200. By using the term fixed costs economists are
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matter how much output it produces or sells. An example of a fixed
cost could be the rent...
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One in both tables below. When costs were calculated in the notes,
fixed costs were $200. By using the term fixed costs economists are
only referring to the fact that a firm must pay this expense no
matter how much output it produces or sells. An example of a fixed
cost could be the rent...
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One in both tables below. When costs were calculated in the notes,
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3
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5
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