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Chapter 7, Problem 3EE Use the data set CollegeDistance described in Empirical Exercise 1 to answer...

Chapter 7, Problem 3EE Use the data set CollegeDistance described in Empirical Exercise 1 to answer the following questions.

a. An education advocacy group argues that, on average, a person's educational attainment would increase by approximately 0.15 year if distance to the nearest college is decreased by 20 miles. Run a regression of years of completed education (ED) on distance to the nearest college (Dist). Is the advocacy groups' claim consistent with the estimated regression? Explain.

Math   Statistics-And-Probability   
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