厦门大学2013-2014学年春季学期计量经济学基础_期末试卷B.docxVIP

 PAGE \* MERGEFORMAT 7 厦门大学《计量经济学基础》 课程试卷 经济学院财政系2012级本科——期末考试 主考教师：王艺明 试卷类型：（A卷/B卷） 主考教师：王艺明 主考教师：王艺明 B卷 1. The following equation was estimated using the data in CEOSAL1.RAW: (0.324) (0.033) (0.0129) (0.00026) n=209, =0.282 This equation allows roe to have a diminishing effect on log(salary). Is this generality necessary? Explain why or why not. 2. Using the data in GPA2.RAW, the following equation was estimated: sa?t _1(6.29) _1(3.83)hsize _(0.53)hsiz5(4.29)fe e(12.71)bla c(18.15)femal n=4,137, =0.0858. The variable sat is the combined SAT score, hsize is size of the student’s high school graduating class, in hundreds, female is a gender dummy variable, and black is a race dummy variable equal to one for blacks, and zero otherwise. (i) Is there strong evidence that should be included in the model? From this equation, what is the optimal high school size? (ii) Holding hsize fixed, what is the estimated difference in SAT score between nonblack females and nonblack males? How statistically significant is this estimated difference? (iii) What is the estimated difference in SAT score between nonblack males and black males? Test the null hypothesis that there is no difference between their scores, against the alternative that there is a difference. (iv) What is the estimated difference in SAT score between black females and nonblack females? What would you need to do to test whether the difference is statistically significant? 3. An equation explaining chief executive officer salary is (0.30) (.032) (.004) (.089) (.085) (.099) N=209, =0.357. The data used are in CEOSAL1.RAW, where finance, consprod, and utility are binary variables indicating the financial, consumer products, and utilities industries. The omitted industry is transportation. (i) Compute the approximate percentage difference in estimated salary between the utility and transportation industries, holding sales a