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Answers to the Review Questions for the Final Exam



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Answers to the Review Questions for the Final Exam Vartanian Data II 1 Cell 1 Father s education has a more negative effect on the likelihood of growing up poor relative to growing up middle class That is the higher the level of education the less likely you are to be in category 1 relative to the excluded category Mother s education has a more negative effect on growing up poor relative to growing up middle class The higher the level of education of the mother the less likely you are to be in category 1 relative to the excluded category EDDADWF has more negative effect on growing up poor relative to growing up middle class The higher the education of the wife s dad the less likely you are to be in category 1 relative to the excluded category EDMOMWF has no effect Cell 5 The higher the level of education of the dad the more likely the person will have grown up rich relative to growing up middle class The higher the value of EDDAD the more likely you are to be in category 5 relative to the excluded group The higher the level of education of the mom the more likely the person will have grown up rich relative to growing up middle class The higher the value of EDMOM the more likely you are to be in category 5 relative to the excluded group The higher the level of education of the father of the wife the less likely the person grew up rich relative to growing up middle class The higher EDDADWF the less likely you are to be in category 5 relative to the excluded category EDMOMWF has no effect on the outcome From the second set of regressions we can determine the differences between category 5 Rich and category 1 Poor Cell 5 The higher the level of education the more likely you are to be in the rich group relative to the poor group The higher the level of mother s education the more likely you are to be in category 5 relative to category 1 The other variables are not related to differences in category 5 and category 1 B If the Hausman test showed significance this would



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