Photo question

If I were to grade the mid-term take-home problems as they are, all but one would fail.  (That person will get a 6 point extra credit for having done things right in the first place!)

If you thought you were running standardized regression using the variables provided to you, you should have checked out the means of the variables to make sure they had zero means as would be the case for standardized regressions.  I was thinking that this would give you an opportunity to discover on your own how to standardize variables in STATA.  (All you have to do is Google "How to standardize variables in STATA".)

Other points that you missed the first time around:

1.  I want the work done in STATA, NOT R.  If you do it in R, you fail the exercise.

2.  I do not want the work done by "point and click" in STATA.  This is a coding course.  We are not point and clickers!

3.  I definitely want your STATA code reported along with your answers.  (That is 1/6 of your grade!)

4.  You need to standardize your variables before you run your regressions.  Call the new variables something like ypcgr_std, etc,  This way you (and I) will know you are running your regressions on the correct variables.  Also, in running your standardized regressions, be sure and suppress the intercept (constant) term when you are running your standardized regressions.

OK, resubmit your work by Saturday, April 10 at noon.  Just leave your other submission as is in Canvas and label your new submission as ....._sc for second chance.  I am, however, deducing three points for the opportunity to resubmit.  So your score on the Take-home Mid-term will start with a score of 57 out of 60 to begin with.

OK, get to work!