Re: st: regression explanation

[Suzy <scott_788@wowway.com>]

Hi Michelle:

Go to this website. This should help you out. I also recommend that you 
bookmark the UCLA website - it has a wealth of information for students 
- pass it along to your peers!

http://www.ats.ucla.edu/stat/Stata/webbooks/reg/chapter1/statareg1.htm



Michelle Liu wrote:


> hi there,
>
> i am new to stata and the statalist and i am hoping to get an answer 
> on this.
>
> Given the below regression, how can I interpret the relationship with 
> educ ( years of education) and wage (average hourly earning)? wage is 
> the dependent variable.
>
> wage |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
> -------------+---------------------------------------------------------------- 
>        educ |   .3498179   .0578807     6.04   0.000     .2361024    
> .4635334
>       exper |   .1606065   .0377335     4.26   0.000     .0864732    
> .2347398
>
>
> "Holding other variables fixed, ceteris paribus, another year on 
> education is associated with 0.3498 of average hourly earnings"
>
> i am not very sure about the 0.35 of average hourly earnings, if there 
> is a better way to explain the 0.3498! thank you very much.
>
> Thank you very much, please let me know if i am doing this wrongly!
>
> Regards
> Michelle
>
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