1. Suppose that you have the following model and data to estimate the following equation Nobs YX,X, 1 11 13 2 2 2 2 3 4 4 5
1. Suppose that you have the following model and data to estimate the following equation Nobs YX,X, 1 11 13 2 2 2 2 3 4 4 5
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
Transcribed Image Text:1. Suppose that you have the following model and data to
estimate the following equation
Nobs YX,X,
1 1 1 3
2 2 2
3
4 4 5
4
3 3 4
5
25 1
Y, = B, + B,X2, + B;X3, +u,
1

Transcribed Image Text:c. Based on the Var-Cov(f ) assess the significance of the
parameter of X2 and also conduct a test whether Pis less
than
-0.5 (a=0.05)
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