###### If the probability of an injury is 0.
September 3, 2020
###### You are on the game show “Deal or No Deal”. What is the expected value in dollars for the following set of suitcases if you have an equal probability…
September 3, 2020

Have no clue what I am doing, need assistance for econometrics assignment. I’ve completed up to question 1 (e), need answers for the rest.

For question 1, the working out is needed along with the answers as they’d prefer it to be hand written although statistical software can be used to verify answers

For question 2, statistical software is required in which we could use eviews or excel. (i’ve attached the csv file for the data required to compete q2)

If you could please provide the answers in a word document along with the solutions and the diagrams required to answer, it would be much appreciated

Thanks

• Attachment 1
• Attachment 2

Question 1.a)Age&lt;3011 Educ&lt;10Educ&gt;=10b) Age&gt;=3012Answer E(re78|educ=12) 24.9 E(re78|educ&lt;10) 1.935 E(re78|educ&lt;10 and age&lt;30) 3.59 E(re78|educ&gt;=8 and age&lt;40)…