A sociologist studies the relationship between a district's average score on a standardized test for 10th grade students (y), the average school expenditures per student (x1 in $1,000s), and an index of socioeconomic status of the district (x2). The results of the regression are = 10.16 + 8.50x1 + 4.30x2; n = 25; SSE = 450;
He would like to determine whether the influence of expenditures on test scores differs from the influence of the index on test scores, or β1 ≠ β2. The results of the restricted model for this test are = 12.25 + 6.05(x1 + x2); n = 25; SSE = 600.
A) Formulate the hypotheses to determine whether Expenditures and Index Rate have the same influence on Scores.
B) Calculate the value of the test statistic.
C) At the 5% significance level, find the critical value(s).
D) What is the conclusion to the test?
Correct Answer:
Verified
b. F(1,22) = 7.33
c. Usin...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q115: Test statistic for the test of linear
Q116: The accompanying table shows the regression results
Q117: Which of the following can be used
Q118: A manager at a local bank analyzed
Q119: An investment analyst wants to examine the
Q120: Consider the following regression results based on
Q121: 121) A marketing manager examines the relationship
Q123: A simple linear regression, Sales = β0
Q124: A researcher analyzes the factors that may
Q125: A simple linear regression, Sales = β0
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents