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Hi, I ran the t-test you suggested. From the points I get so far, the difference is definitely significant as in the t-test for the dummy not equal to 0 is significant. t-test for the dummy > 0 is also completely significant. T-test for dummy < 0 is NOT significant. What does this mean? Thank you.

Thank you so much! I already wrote this in the last post, but the data set I am using is the Indonesian Family Life Survey from RAND. It's so complicated... and not everything can be put into real values, it's impossible to find a way to put educational expenditures into real values. I already consu...

Thank you so much! I'm so glad somebody replied to both posts! Maybe I am not making myself very clear, I mean I have data sets from two different points of time. By the way, I am using the Indonesian Family Life Survey data set. I took the 1997 data set and the 2000 data set. Does that make more se...

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