Solution 1 Employed Ohioans Salary and Wage Income by Educational Attainment College 79745 22886 10 77726446 Some College 40653 50938 10 2236993 High
Solution Employed Ohioans Salary and Wage Income by Educational Attainment College
Solution Employed Ohioans Salary and Wage Income by
Ohioans Salary and Wage Income by Educational Attainment College Some College High
Solution Employed Ohioans Salary and Wage Income
by Educational Attainment College Some College High
Solution Employed Ohioans Salary and
Solution Employed
(Solution) 1 Employed Ohioans Salary and Wage Income by Educational Attainment College $79745.22886 $10.77726446 Some College $40653.50938 $10.2236993 High...

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3.1 Employed Ohioans Salary and Wage Income by Educational Attainment College $79745.22886 $10.77726446 Some College $40653.50938 $10.2236993 High School $31210.34537 $10.10143302 Drop Out $22609.73451 $9.651263388 3.2 Regression Analysis LNWAGE = b0 + b1AGE + b2AGE2 + b3SCHOOLING + b4FEMALE =6.7909+0.0869*(44.706)-0.00087*(2120.135)+0.12249*(14.20869)-0.48075*(1)=10.09100639 =6.7909+0.0869*(44.706)-0.00087*(2120.135)+0.12249*(14.20869)-0.48075*(0)=10.57175639 Question: (discussion) Consider your analyses from 3.1 and 3.2 regarding the value of human capital, both education (as measured by schooling) and experience (as proxied by age). Interpret your regression results and tables. Did you find what you expected to find? Discuss your findings and any weaknesses of these analyses. (300 words)

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