Re: DSE 2013 Doubts

Posted by Dreyfus on Jun 24, 2014; 2:05pm
URL: http://discussion-forum.276.s1.nabble.com/DSE-2013-Doubts-tp7590991p7593473.html

In this question both experience nd experience ² are statistically significant (as t values are too high nd enough to reject null hypothesis that coefficient of exp (or exp²) =0). So take the first derivative  nd second derivative nd since second derivative is negative. Therefore returns to experience are strictly diminishing!