Consider the following regression results based on 30 observations. a.Formulate the hypotheses to determine whether the influences of x₂ and x₃ differ in explaining y.
B)Calculate the value of the test statistic.
C)At the 5% significance level,find the critical value(s).
D)What is your conclusion to the test?

Question

Consider the following regression results based on 30 observations.

a.Formulate the hypotheses to determine whether the influences of x₂ and x₃ differ in explaining y.
B)Calculate the value of the test statistic.
C)At the 5% significance level,find the critical value(s).
D)What is your conclusion to the test?

Quizplus · Accepted Answer

The Answer of Consider the following regression results based on 30 observations. a.Formulate the hypotheses to determine whether the influences of x₂ and x₃ differ in explaining y. B)Calculate the value of the test statistic. C)At the 5% significance level,find the critical value(s). D)What is your conclusion to the test?

Consider the Following Regression Results Based on 30 Observations