ECONOMICS HOMEWORK

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Assign2.5TutorialData2.xlsx

Ex5

Average Income Average Expenditure
552 651 Dependent Variable = Expenditure
777 851 Income Constant
1,065 1,110 Coeff. 0.8875 162.6163
1,352 1,371 Std. Error 0.0032 6.6034
1,641 1,624 R-sqr 99.99% 9.1328950971
1,937 1,869 76072.8989499229 8
2,252 2,160 6345223.22181716 667.2781828382
2,529 2,414 t-stat. 275.8132 24.6260
2,881 2,704
3,468 3,251

Ex6

Average Income Dummy Variable = 0 for white families and 1 for black families Average Charitable Contributions
555 0 5 Dependent Variable = Charitable Contributions
781 0 6 Black Income Constant
1,068 0 13 Coeff. 12.6626 0.0318 -23.3693
1,351 0 17 Std. Error 4.2198 0.0024 5.0983
1,642 0 26 R-sqr 93.1% 7.6985880273 ERROR:#N/A
1,935 0 35 87.1625939993 13 ERROR:#N/A
2,253 0 46 10331.9501510101 770.4873489899 ERROR:#N/A
2,530 0 52 t-stat. 3.0007 13.1196 -4.5837
2,880 0 63
3,466 0 91
549 1 6
758 1 10
1,031 1 15
1,333 1 31
1,592 1 32
2,315 1 83