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28 Sep 2019
Policy-makers conducted a random assignment experiment to learn about the effects of co-pay amount (amount NOT covered by insurance that is borne by the patient) on health. Policy-makers estimated the following regression:
Health Index = constant + 0.51 co-pay amount + u
(2.63)
Interpret the coefficient of âco-pay amountâ variable.
Suppose the number â2.63â in the parenthesis is the t-test. Is this estimated coefficient significant?
Do you think this estimation is biased or not? Why?
Policy-makers conducted a random assignment experiment to learn about the effects of co-pay amount (amount NOT covered by insurance that is borne by the patient) on health. Policy-makers estimated the following regression:
Health Index = constant + 0.51 co-pay amount + u
(2.63)
Interpret the coefficient of âco-pay amountâ variable.
Suppose the number â2.63â in the parenthesis is the t-test. Is this estimated coefficient significant?
Do you think this estimation is biased or not? Why?
Kristelle BalandoLv10
28 Sep 2019
