Homework Help is Here – Start Your Trial Now!
Math
Statistics
Consider the linear regression model Y; = Bo + B1X¡ + U¡ for each i = 1,.., n with n = 1,000. X¡ represents the annual income of individual i (measured in $10,000) and Y; represents the home size (measured in square feet). We run an OLS regression and get: = 43.2, SE(Bn) = 10.2, Bom = 700, = 7.4. Suppose that we want to test Ho : B1 = 0 against H1 : ß1 # 0 at 1% significance level. Assuming that the sample size is large enough, which one of the following is true about the p-value of this test? 43.2 a. The p-value can be computed as Þ(-|ED, where is the standard Normal CDF 10.2 b. None of the answers The p-value can be computed as 20(-|3), where O is the standard Normal CDF С. O d. The p-value can be computed as (), where & is the standard Normal CDF 43.2 10,2

Consider the linear regression model Y; = Bo + B1X¡ + U¡ for each i = 1,.., n with n = 1,000. X¡ represents the annual income of individual i (measured in $10,000) and Y; represents the home size (measured in square feet). We run an OLS regression and get: = 43.2, SE(Bn) = 10.2, Bom = 700, = 7.4. Suppose that we want to test Ho : B1 = 0 against H1 : ß1 # 0 at 1% significance level. Assuming that the sample size is large enough, which one of the following is true about the p-value of this test? 43.2 a. The p-value can be computed as Þ(-|ED, where is the standard Normal CDF 10.2 b. None of the answers The p-value can be computed as 20(-|3), where O is the standard Normal CDF С. O d. The p-value can be computed as (), where & is the standard Normal CDF 43.2 10,2

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
QUESTION 6 Not yet answered Marked out of 7.00 P Flag question Consider the linear regression model Y; = Bo + B1 X; + U¡ for each i individual i (measured in $10,000) and Y; represents the home size (measured in square feet). We run an OLS regression and get: 1,...,n with n = 1,000. X; represents the annual income of = 43.2, SE( 1m) Bon = 700, SE(.n) = 7.4. = 10.2, Suppose that we want to test Ho : B1 O against H1 : ß1 # 0 at 1% significance level. Assuming that the sample size is large enough, which one of the following is true about the p-value of this test? 43.2 The p-value can be computed as Ó(-- 1), where O is the standard Normal CDF 10.2 а. b. None of the answers c. The p-value can be computed as 20(-| ), where is the standard Normal CDF d. The p-value can be computed as (), where O is the standard Normal CDF 10.2
Transcribed Image Text:QUESTION 6 Not yet answered Marked out of 7.00 P Flag question Consider the linear regression model Y; = Bo + B1 X; + U¡ for each i individual i (measured in $10,000) and Y; represents the home size (measured in square feet). We run an OLS regression and get: 1,...,n with n = 1,000. X; represents the annual income of = 43.2, SE( 1m) Bon = 700, SE(.n) = 7.4. = 10.2, Suppose that we want to test Ho : B1 O against H1 : ß1 # 0 at 1% significance level. Assuming that the sample size is large enough, which one of the following is true about the p-value of this test? 43.2 The p-value can be computed as Ó(-- 1), where O is the standard Normal CDF 10.2 а. b. None of the answers c. The p-value can be computed as 20(-| ), where is the standard Normal CDF d. The p-value can be computed as (), where O is the standard Normal CDF 10.2
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
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 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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS