On thefollowing text Web site http://wps.aw.com/aw_stock_ie_3/178/45691/11696965.cw/index.html
you will find a data file CPS92_O8 that contains an extendedversion of the dataset used in Table 3.1 of Stock&Watson (3rdedition) for the years 1992 and 2008. It contains data on full-time, full-yearworkers aged 25-34, with a high school diploma or B.A./B.S. as their highestdegree. A detailed description is given in CPS92_08_Description,available on the Web site. Use these data to answer the following questions.