Comparison of Actual Median Earnings with Model-Predicted Earnings
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Question
Compare the actual median earnings in 2011-2012 with the model-predicted earnings. Create a new variable called ValueAdd (actual - predicted earnings) and report its descriptive statistics, including a histogram. Sort the schools in DESCENDING order of ValueAdd. Thus identify the top 5 value-adding schools in your data set.
Summary
This question belongs to statistics and discusses about actual median earnings with model-predicted earnings.
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