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(2 POINTS) You are given the number of instruments and the J-statistic. Find the relevant value from the X-k distribution, using a 1% and
(2 POINTS) You are given the number of instruments and the J-statistic. Find the relevant value from the X-k distribution, using a 1% and 5% significance level, and make a decision whether or not to reject the null hypothesis. Y = o+B1X1i+2X2i+3Wi+ui, i = 1,..., n, Z1, Z2i, Z3i, Z4i Zi, are valid instruments, J = 9.63.
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
2nd edition
1111824401, 978-1111824402
