Hi there, I am currently trying to describe the relationship between wage and education using the regression equation:
𝑊𝑎𝑔𝑒 = 𝛽0 + 𝛽1 𝐸𝑑𝑢𝑐𝑎𝑡𝑖𝑜𝑛 + 𝛽2 𝐸𝑑𝑢𝑐𝑎𝑡𝑜𝑛^2 + 𝑢𝑖
Wage represents the wages of an individual, and education is the years of education.
I need to find the predicted wage of 12 years of schooling, as well as 16 years of schooling. I also need to find the marginal effect of the education^2 variable. How would I do this? Thank you.
Related Posts with How would I predict a wage from a quadratic regression?
How to construct variables based on items from a survey using scaleHi, I have a dataset from a questionnaire with 498 observations. There is item nonresponse present, …
Problem with generating counts of unique episodes within an ID based on the specific ruleHi everyone, I have data on patients receiving certain medication captured as 9-months episodes. I …
Using Stata to delete files from foldersDear All, This may come as an odd request however, I am trying to understand whether the following …
Expanding dataset to create pairwise combinationsHi All, My dataset is as follows: Code: * Example generated by -dataex-. To install: ssc install…
Time series dataI have data on Bitcoin price and S&P500 price development from Oct. 6th 2020 - Dec. 27th 2013, i…
Subscribe to:
Post Comments (Atom)
0 Response to How would I predict a wage from a quadratic regression?
Post a Comment