Mathematics, 16.04.2020 04:59, animedragonking459

(i) if we regress outlf on all of the independent variables in equation (7.29), what will happen to the intercept and slope estimates? (hint: inlf 5 1 2 outlf . plug this into the population equation inlf 5 b0 1 b1nwifeinc 1 b2educ 1 … and rearrange.) (ii) what will happen to the standard errors on the intercept and slope estimates? (iii) what will happen to the r-squared?

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(i) if we regress outlf on all of the independent variables in equation (7.29), what will happen to...