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Consider a standard “Mincer” type wage equation below You want to test whether another year of...

Consider a standard “Mincer” type wage equation below

  1. You want to test whether another year of general workforce experience (exper) has the same effect on wages as an additional year of tenure with the current employer (tenure). State the null and alternative hypothesis.
  2. Reparameterize your model in a way that Excel will be able to give you the appropriate standard errors. Show your reparameterized model.
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