Homework Sourse1 Using the other file in this homework folder womenjobdta i
1. Using the other file in this homework folder (women_job.dta), investigate the possibility that age (Ai) is a relevant variable in the women’s labor participation model. 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 “age” means using the values estimated by STATA.
c. Calculate Rp2 using the method shown in class. (Show the work that you do in STATA)
| age | job | married | school |
| 31 | 1 | 0 | 16 |
| 34 | 1 | 1 | 14 |
| 41 | 1 | 1 | 16 |
| 67 | 0 | 0 | 9 |
| 25 | 1 | 0 | 12 |
| 58 | 0 | 1 | 12 |
| 45 | 1 | 0 | 14 |
| 55 | 1 | 0 | 10 |
| 43 | 0 | 0 | 12 |
| 55 | 1 | 0 | 8 |
| 25 | 1 | 0 | 11 |
| 41 | 1 | 0 | 14 |
| 62 | 0 | 1 | 12 |
| 51 | 1 | 1 | 13 |
| 39 | 0 | 1 | 9 |
| 35 | 1 | 0 | 10 |
| 40 | 1 | 1 | 14 |
| 43 | 0 | 1 | 10 |
| 37 | 0 | 1 | 12 |
| 27 | 1 | 0 | 13 |
| 28 | 1 | 0 | 14 |
| 48 | 1 | 1 | 12 |
| 66 | 0 | 1 | 7 |
| 44 | 0 | 1 | 11 |
| 21 | 0 | 1 | 12 |
| 40 | 1 | 1 | 10 |
| 41 | 1 | 0 | 15 |
| 23 | 0 | 1 | 10 |
| 31 | 0 | 1 | 11 |
| 44 | 1 | 1 | 12 |
Solution
a) the coefficients : age = -0.000968184 p-value = 0.886192083
married = -0.380310742 p-value = 0.022099501
School = 0.091118235 p-value = 0.022639433
b) the coefficient of age indicates that as the age increases the chances of getting a good job reduces
c) the R2 value is = 0.363966512
| Regression Statistics | |
| Multiple R | 0.603296372 |
| R Square | 0.363966512 |
| Adjusted R Square | 0.290578033 |
| Standard Error | 0.419681249 |
| Observations | 30 |
