Assume that we estimated the following model by OLS: y =B₁ + B₂x+u. The sample size of the data is n-62. We calculated that the standard errors for ßi and ß. are se(B)-1 and se(B)-2. Also, the estimates for B and B. are B 3 and 3.-5. We want to test: He: B₁ 4 Hi: Bi>4. for a 0.05 significance level. What is the t statistic? [We denote the estimates by bold font] 0³.2 Ob..2 OG 1 O d..1
Assume that we estimated the following model by OLS: y =B₁ + B₂x+u. The sample size of the data is n-62. We calculated that the standard errors for ßi and ß. are se(B)-1 and se(B)-2. Also, the estimates for B and B. are B 3 and 3.-5. We want to test: He: B₁ 4 Hi: Bi>4. for a 0.05 significance level. What is the t statistic? [We denote the estimates by bold font] 0³.2 Ob..2 OG 1 O d..1
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![QUESTION 8
Assume that we estimated the following model by OLS:
y =B₁ + B₂x + u.
The sample size of the data is n-62. We calculated that the standard errors for B. and ß. are se(B)=1 and se(B)-2. Also, the estimates for B.
and B. are B-3 and 3.-5. We want to test:
Ho: Bi=4
Hi: Bi>4.
for a 0.05 significance level. What is the t statistic? [We denote the estimates by bold font]
0³.2
O b..2
091
Od..1](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0eb25289-029d-4c5c-9351-521459e5732a%2F0af8a60a-1a4c-4e4f-a484-471bfe265142%2Fguzrbf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 8
Assume that we estimated the following model by OLS:
y =B₁ + B₂x + u.
The sample size of the data is n-62. We calculated that the standard errors for B. and ß. are se(B)=1 and se(B)-2. Also, the estimates for B.
and B. are B-3 and 3.-5. We want to test:
Ho: Bi=4
Hi: Bi>4.
for a 0.05 significance level. What is the t statistic? [We denote the estimates by bold font]
0³.2
O b..2
091
Od..1
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 13 images

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman