Use the data set earn.asc to do the following: (a) run the following
ECO 6426: Advanced Econometrics Department of Economics Florida Atlantic University Assignment 8 1. Use the data set EARN.ASC to do the following: (a) Run the following OLS regression: UNION = α+ β1EXP + β2WKS + β3OCC + β4IND + β5SOUTH +β6SMSA+ β7MS + β8FEM + β9ED + β10BLK + ui. Create a confusion matrix to show actual versus predicted values of union participation. Calculate marginal […]
