Consider the Relationship Between Education and Income,such That More Education

Essay

Consider the relationship between education and income,such that more education is associated with higher income,on average.Identify 2-3 control variables that should be included in the study,making sure to explain why these are potentially important controls.Explain how this would specifically operate with the use of regression analysis,including the regression analysis equation as it corresponds to all the variables in your model.Finally,explain what you would look for regarding the potential of control variables on your results.