Mathematics, 12.10.2020 17:01, lemieuxsamhya
The median starting salary for new law school graduates is determined by
log(salary) = B0 + B1 LSAT + B2 GPA + B3 log(libvol) + b4 log(cost) + B5 rank + u,
where LSAT is the median LSAT score for the graduating class, GPA is the median college. GPA for the class, libvol is the number of volumes in the law school library, cost is the annual cost of attending law school, and rank is a law school ranking (with rank = 1 being the best).
i. Explain why we expect b5 < 0.
ii. What signs do you expect for the other slope parameters? Justify your answers.
iii. Using the data in LAWSCH85.RAW, the estimated equation is log(salary ) = 8.34 + .0047 * LSAT + .248 GPA + .095 log(libvol) + .038 log(cost) - .0033 rank n = 136, R^2 = .842
What is the predicted ceteris paribus difference in salary for schools with a median GPA different by one point? (Report your answer as a percentage.)
iv. Interpret the coefficient on the variable log(libvol).
v. Would you say it is better to attend a higher ranked law school? How much is a difference in ranking of 20 worth in terms of predicted starting salary?.
Answers: 3
Mathematics, 21.06.2019 16:30, madisonenglishp2qkow
Anyone know? will mark brainliest if you're correct!
Answers: 1
Mathematics, 22.06.2019 00:20, heiddy0122
G. how many different 6-letter arrangements can be formed using the letters in the word absent, if each letter is used only once? a. 6 b. 36 c. 720 d. 46,656
Answers: 1
Mathematics, 22.06.2019 00:20, brainist71
Does the construction demonstrate how to copy an angle correctly using technology a) yes the distance between points a and f was used to create circle h b) yes the distance between points f and g was used to create circle h c) no the distance between points a and f was used to create circle h d) no the distance between points f and g was used to create circle h
Answers: 3
The median starting salary for new law school graduates is determined by
log(salary) = B0 + B1 LSAT...
Mathematics, 26.11.2019 22:31
Chemistry, 26.11.2019 22:31
Mathematics, 26.11.2019 22:31
Physics, 26.11.2019 22:31