No.11225222 ViewReplyOriginalReport
/sci/ gurus can you reconfirm?
is this acceptable as passing? Did I upgrade or am I still a brainlet?

a) this is 10.7%
b)
1) because if we turn the coefficients into exponentials, we'll make it more realistic
2) compresses the heteroscedasity and make the graph look tighter, making it easier to use
3) same as above, it makes it look normal and for example if it was positively skewed, it'd look much easier to work with as it is compressed
c) the sign is that the coefficients are very different. This gives us a red flag because to get the ATT we go through the formula of ATThat + selection bias. we have to apply randomization to eliminate selection bias, and in this case we need to add controlled variables, such as the long regression
d)
e) i think it is a sound idea, as not all fields require experience for instance, such as construction workers, or factory workers. Especially in the 60's, most jobs low-earning jobs require minimal to no experience, and there we conclude that the year of schooling did not play a big role as perhaps today