Suppose I estimate the following regression models with BP test p-values: == Y₁ =α0+α1Xi+ei Y₁ = ßo + B₁Xi + ß2X ² + vi pval = 0.76 p val = 0.056 pval = 0.00013 Y₁ = 00 + 01Xi + 02X² +03X3 + Zi At the 5% level, which functional form(s) seem(s) appropriate to describe the relationship between Yi and Xi. (a) Form (1) only (b) Form (3) only (c) Form (1) and (2) only (d) Form (1) and (3) only (e) Form (1), (2) and (3) (1)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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Suppose I estimate the following regression models with BP test p-values:
==
Y₁ =α0+α1Xi+ei
Y₁ = ßo + B₁Xi + ß2X ² + vi
pval = 0.76
p val = 0.056
pval = 0.00013
Y₁ = 00 + 01Xi + 02X² +03X3 + Zi
At the 5% level, which functional form(s) seem(s) appropriate to describe the
relationship between Yi and Xi.
(a) Form (1) only
(b) Form (3) only
(c) Form (1) and (2) only
(d) Form (1) and (3) only
(e) Form (1), (2) and (3)
(1)
Transcribed Image Text:Suppose I estimate the following regression models with BP test p-values: == Y₁ =α0+α1Xi+ei Y₁ = ßo + B₁Xi + ß2X ² + vi pval = 0.76 p val = 0.056 pval = 0.00013 Y₁ = 00 + 01Xi + 02X² +03X3 + Zi At the 5% level, which functional form(s) seem(s) appropriate to describe the relationship between Yi and Xi. (a) Form (1) only (b) Form (3) only (c) Form (1) and (2) only (d) Form (1) and (3) only (e) Form (1), (2) and (3) (1)
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