Y is regressed against X1, X2, X3, X4, X5, X6, X7, and X8. Consider the following test: Họ: B1 = B2 = B3 = B4 = Bs = 0 Hj: one or more of the restrictions under Họ does not hold The sample size n = 9000. The computer computes the heteroskedasticity-robust F-statistic for this test. The F-statistic is 2.15. What do you conclude? (R stands for reject and FTR stands for fail to reject.) R Ho at a = 0.20 R Ho at a = 0.15 R Họ at a = 0.10 R Ho at a = 0.05 R Ho at a = 0.01 R Ho at a = 0.20 R Ho at a = 0.15 R Ho at a = 0.10 R Ho at a = 0.05 FTR Ho at a = 0.01
Y is regressed against X1, X2, X3, X4, X5, X6, X7, and X8. Consider the following test: Họ: B1 = B2 = B3 = B4 = Bs = 0 Hj: one or more of the restrictions under Họ does not hold The sample size n = 9000. The computer computes the heteroskedasticity-robust F-statistic for this test. The F-statistic is 2.15. What do you conclude? (R stands for reject and FTR stands for fail to reject.) R Ho at a = 0.20 R Ho at a = 0.15 R Họ at a = 0.10 R Ho at a = 0.05 R Ho at a = 0.01 R Ho at a = 0.20 R Ho at a = 0.15 R Ho at a = 0.10 R Ho at a = 0.05 FTR Ho at a = 0.01
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Step 1
From the given information,
There are 5 variables restricted under null hypothesis.
That is, p=5
Numerator df=p=5
n=9000
Denominator df=n-(p+1)=9000-(5+1)=8994
P value:
F statistic=2.15
P=0.0567, obtained from the Excel function, =F.DIST.RT(2.15,5,8994).
Decision Rule:
If p-value ≤ α, then reject the null hypothesis.
If p-value > α, then do not reject the null hypothesis.
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