Business, 09.03.2020 21:33 neariah24

Using the data set TeachingRatings described in Empirical Exercise AEE4.2, carry outthe following exercises. a. Run a regression of Course_Eval on Beauty. What is the estimated slope?b. Run a regression of Course_Eval on Beauty, including some additional variables tocontrol for the type of course and professor characteristics. In particular, include asadditional regressors Intro, OneCredit, Female, Minority, and NNEnglish. What is theestimated effect of Beauty on Course_Eval? Does the regression in (a) suffer fromimportant omitted variable bias?c. Estimate the coefficient on Beauty for the multiple regression model in (b) using thethree-step process in Appendix 6.3 (the Frisch–Waugh theorem). Verify that the threestep process yields the same estimated coefficient for Beauty as that obtained in (b).d. Professor Smith is a black male with average beauty and is a native English speaker. He teaches a three-credit upper-division course. Predict Professor Smith’s courseevaluation.

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Using the data set TeachingRatings described in Empirical Exercise AEE4.2, carry outthe following ex...

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