oo Simple LTE 12:03 PM 20% PS3 - F2017.pdf Problem Set 3 DUE:10/16/2017 ECON300
ID: 2926382 • Letter: O
Question
oo Simple LTE 12:03 PM 20% PS3 - F2017.pdf Problem Set 3 DUE:10/16/2017 ECON300 1. (16pts) Use thettable to determine the appropriate critical value for conducting the stated hypothesis based on the following OLS regression result: n 20 k=7 a. Ho:A=0 5% significance level n 50 5% significance level n= 311 k 10 H Bi>0 10% significance level 1% significance level 2. (8pts) Use the F- table to determine the appropriate critical value for conducting the stated hypothesis based on the following OLS regression result: H: Ho is not true 5% significance level k 14 H: Ho is not true 1% significance level Open With PrintExplanation / Answer
Q1
a) 2 tailed test
df = n=k-1 = 20-7-1 = 12
Level of significance =5%
The critical value of t is +/-2.1788
b)
2 tailed test
df = n=k-1 = 50-3-1 = 46
Level of significance =5%
The critical value of t is +/-2.0129
3) One tailed test
df =n-k-1 = 311-10-1 = 300
Level of significance = 10%
The critical value of t is 1.2844
4) Left tailed Test
df = n-k-1 = 142-1-1 = 140
Level of significance = 1%
The critical value of t is = -2.3533
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