Finish the HW1.with quailty work

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slides-1-cross-section-2-annotated.pdf

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. use finaid

. regress finaid parent hsrank

Source SS df MS Number of obs = 50 F(2, 47) = 68.33

Model 1.0496e+09 2 524779682 Prob > F = 0.0000 Residual 360941186 47 7679599.7 R-squared = 0.7441

Adj R-squared = 0.7332 Total 1.4105e+09 49 28785725.5 Root MSE = 2771.2

finaid Coef. Std. Err. t P>|t| [95% Conf. Interval]

parent -.3567721 .0316851 -11.26 0.000 -.4205143 -.2930299 hsrank 87.37815 20.67413 4.23 0.000 45.78717 128.9691 _cons 8926.929 1739.083 5.13 0.000 5428.346 12425.51

. predict yhat, xb

. predict uhat, resid