Business, 05.05.2020 08:25 bryantjorell

4. Suppose you collect data from a survey on wages, education, experience and gender. In addition, you ask for information about marijuana usage. The original question is: "on how many separate occasions last month did you smoke marijuana?"

Write an equation that would allow you to estimate the effects of marijuana usage on wage, while controlling for other factors. You should be able to make statements such as, "smoking marijuana five more times per month is estimated to change wages by x%."

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4. Suppose you collect data from a survey on wages, education, experience and gender. In addition, y...