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123456767899 Question 1 {1 point) We are interested in the model Y; : [30 + ,Bth- -I [EEK-23' -I 11.11. We obtain the OLS estimates

123456767899

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Question 1 {1 point) We are interested in the model Y; : [30 + ,Bth- -I [EEK-23' -I 11.11. We obtain the OLS estimates I91 : 3, [32 : 3. We obtain the 95% confidence set of [91, g as the blue ellipse in the following graph. We also know the positions of several points: the point with coordinates [4.1). represented by a star. locates within the ellipse; the point with coordinates {6.2}. represented by a triangle. locates outside the ellipse; the point with coordinates {0.0}. represented by a black dot, locates outside the ellipse. We want to knowif the null hypothesis Hg I 181 : 6.0 and g : 3.0 will be rejected against H1 I [31 75 6.0 01' [31 7 3.0 at the 10% level. Which of the statement is correct? P: OHo : B1 = 6.0 and 82 = 3.0 will be rejected at 10%. We need more information to conclude whether Ho : B1 = 6.0 and 82 = 3.0 will be rejected or not at 10%. OHo : B1 = 6.0 and B2 = 3.0 will not be rejected at 10%

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