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  3. ) consider the following regression results based

) Consider the following regression results based on 30 observations. y = 238.33 – 0.95x1 + 7.13x2...

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Statistics

) Consider the following regression results based on 30observations.

y = 238.33 – 0.95x1 + 7.13x2 + 4.76x3; SSE = 3,439

y = 209.56 – 1.03x1 + 5.24(x2 + x3); SSE = 3,559

a. Formulate the hypotheses to determine whether the influencesof x2 and x3 differ in explaining y.

b. Calculate the value of the test statistic.

c. At the 5% significance level, find the critical value(s).

d. What is your conclusion to the test?

Answer & Explanation Solved by verified expert
4.2 Ratings (484 Votes)
aThe appropriate hypothesis for the jointly significance of x2and x3 in explaining y areNull Hypothesis Alternative Hypothesis bUnrestricted Model y 23833 095x1    See Answer
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