Pages • 1
Econ Case Name: Chun Yat Kwok Student ID: 951389819II-1.[pic 1]The maximum value of earnings is 197.23The standard deviation of asvabc is 9.522961II-2.Histogram of the earnings:[pic 2]Histogram of the asvabc:[pic 3]Histogram of l_earnings:[pic 4]III-1.Scatterplot of the explanatory variable against the residuals:[pic 5]Based on the scatterplot, it does not look homoskedastic but heteroskedastic because the variance of disturbance.