The purpose of this exercise is to compare the estimates and standard errors obtained by correctly using 2sls with those obtained using inappropriate procedures. use the data file wage2.csv. (a) use a 2sls routine to estimate the equation log(wage) = β0 + β1educ + β2exper + β3tenure + β4black + u, where sibs is the iv for educ. report the results in the usual form.

Blank is the internal operation that arranges information resources to support business performance and outcomes

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?

Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw $35,000 at the end of each year, starting at the end of this year. he also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. for how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? a. 14.21b. 14.96c. 15.71d. 16.49e. 17.32