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Assignment 1 [1] Download The Data File Chick6.Csv From Assignment 1. [2] Load

Assignment 1 [1] Download The Data File Chick6.Csv From Assignment 1. [2] Load

Assignment 1 [1] Download The Data File Chick6.Csv From Assignment 1. [2] Load

Assignment 1 [1] Download the data file CHICK6
csv from Assignment 1
[2] Load the CHICK6
csv data into R and rename it so that it includes your own name or initials (for example, we might name our dataset JunfuCHICK6 )
[3] Generate the mean and the standard deviation for the variables Y, PC, PB, and YD from the CHICK6
csv data set
[4] You are going to run a regression (in [5]) where Y is the dependent variable, and PC, PB, and YD are the independent variables
Discuss whether you think the independent variable PB will have a negative or positive eect on the dependent variable
In your decision, try to use as much economic theory as you can theory is what motivates what variables are included in a model and what sign we anticipate for the model’s estimates
[5] Estimate the model in R and present the results
[6] Interpret the results for the coefficient PB from your model
Make sure to include whether or not the result aligned with your expectations
Assignment1_R
pdfCHICK6
csv