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A routine exercise designed to test one's knowledge; often from a textbook, course, or test used for a class or self-study. This community's policy is to "provide helpful hints" for such questions rather than complete answers.

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Gelman & Hill ARM textbook, Question 3.2, R-squared

log(x) - log(y) ~ %$delta$ So log(x) - log(y) + 1.96$\sigma$ = 1.1 implies that $\sigma$ = 1.78. With standard deviation of log earnings (Gelman has heights in the book, but I think this is an erro …
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