2. Economics
3. note log and ln both denote the natural logarithm the...

# Question: note log and ln both denote the natural logarithm the...

###### Question details

Note: “Log” and “Ln both denote the natural logarithm

The coefficient on college_education in is “0.88”. The standard error of the coefficient is 0.38. What is the t-value and is the estimate statistically significant (assume two sided critical values)?

 Confidence level (1-α) Level of Significance (α) Two–SidedCritical Value cα/2 One-Sided,Upper-Tail Critical Value cα One-Sided,Lower-Tail Critical Value -cα 90% 10% 1.645 1.28 -1.28 95% 5% 1.96 1.645 -1.645 99% 1% 2.58 2.33 -2.33