Econ 306 - Study guides, Class notes & Summaries

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ECON 306 Homework 4 Answers (Penn State University)
Exam (elaborations) • 20 pages • 2020
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ECON 306 Homework 4 Answers (Penn State University) ECON 306 Homework 4 Answers (Penn State University) 1) (50 points total) In this exercise we will examine whether a teacher’s physical attractiveness has any impact on student course evaluations. The dataset to use is called teachingratings, and a description of the variables is available as well. You can access these through the course website. Use an α=.05 for hypothesis testing. 2.) (50 points total) Estimating Cost and Production Fun...

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Econometrics review
Exam (elaborations) • 4 pages • 2024

Model Specification: Importance of correctly specifying the functional form and dealing with omitted variable bias. Dummy Variables: Use of binary variables in regression models to capture qualitative effects