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This document provides solutions to exam problems from an econometrics course. It defines key concepts like sample variance, sampling variance, and conditional expectation function. It also summarizes the results of hypothesis tests and confidence intervals comparing changes in fast food employment in New Jersey and Pennsylvania around the time of a minimum wage increase in New Jersey. The analysis finds that while employment did not change significantly in New Jersey alone, the increase was larger than the

Author

Douglas Bourdett

Language

EN