Econometric Models And Estimation Methods - 1402 Words

3. Econometric Models and Estimation Methods BYUIloggpa = ß + ßLoansabove7250 + ßLoansbelow7250 + ßOnline + ßPathway + ßSchol + ßDepartment + ßCredits + ßMarr + ßGender + ßAcahold + ßHonhold + ßTranscredits + ßFirstgen + ßMinority + ßDegree + ßOnlinePath + ßLastSemester + u In the econometric model, the log of GPAs is the dependent variable. The independent variables, as listed in the above model, are: amount of students loans, online or day student, Pathway graduate, scholarship, department, number of cumulative credits, marital status, gender, academic holds, honor holds, transfer credits, first generation college student, minority, level of degree attained, an online and pathway interaction variable, and last semester, indicating when each student graduated. The student loan variable is split into a set of three dummy variables, the reference category is if the student doesn’t have any loans, the next category is if the student has loans below 7,250 dollars, and the last category is for students with more than 7,250 dollars in loans. The reference category for the online dummy variable is if the student is a day or on campus student. The pathway variable is for a student that came to Brigham Young University-Idaho through the Pathway program. The department variable represents a set of dummy variables listing all of the different departments from which the students in this study graduated. A list showing all of the departments included in this variable can be found inShow MoreRelatedTheoretical Justification Of The Gravity Model1583 Words   |  7 Pagesof the gravity model Theoretical concept of the model presents a stronger foundation using rough indicators, which plays a crucial role in integrating a huge number of countries while sampling. Moreover, the concept presents numerous discrepancies in comparison with the ideal equation. There are factors responsible for jeopardizing the attempts of using the model for forecasting purposes (Anderson, Van National Bureau of Economic Research, 2001, 189). Generally, the gravity model is used in explainingRead MoreWhat Do Fishermen Tell Us That Taxi Drivers Don T? 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