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| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Do taller adults make more money? The authors of the paper “Stature and Status: Height, Ability, and Labor Market Outcomes” (Journal of Political Economics [2008]: 499– 532) investigated the association between height and earnings. They used the simple linear regression model to describe the relationship between x = height (in inches) and y = log(weekly gross earnings in dollars) in a very large sample of men. The logarithm of weekly gross earnings was used because this transformation resulted in a relationship that was approximately linear. The paper reported that the slope of the estimated regression line was b = 0.023 and the standard deviation of b was sb = 0.004. Carry out a hypothesis test to decide if there is convincing evidence of a useful linear relationship between height and the logarithm of weekly earnings. Assume that the basic assumptions of the simple linear regression model are reasonably met.
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