What extra variables would you request? Discuss two such variables, explaining why you choose them and how each of your proposed variables could be measured in the regression model.
Before estimating the regression equation, conduct an overall preliminary analysis of the relationship between workers’ wages and sector, gender, educational attainment, age and marital status. Use tables and/or appropriate graphs for the categorical variables and the numerical variable (age). Interpret your findings by comparing and contrasting the earnings of the counterparts based on each of […]