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A researcher estimated a model to explain Canadian net migration over 179 quarters: Source SS df OMS Number of obs = 179 F( 3, 175)

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A researcher estimated a model to explain Canadian net migration over 179 quarters: Source SS df OMS Number of obs = 179 F( 3, 175) = 1.13 Model 6561.25785 3 2187.08595 Prob > F 0.3371 Residual 337700.861 175 1929.7192 R-squared 0.0191 Adj R-squared = 0.0022 Total 344262 . 119 178 1934.05685 Root MSE 43.929 ChngNetMig Coef. Std. Err. t P>Itl [95% Conf. Interval] ChngGDP 2.2264 1.993264 1.12 0.266 -1.707531 6. 160331 Unemp 1959863 2.247915 0.09 0.931 -4.240527 4.632499 MinWage -1.131572 1.368962 -0.83 0.410 -3.833372 1.570229 _cons 9.215931 25.45395 0.36 0.718 -41.0203 59. 45216 where Ching Net Mig measures quarterly growth in net migration in %, ChngGDP measures quarterly growth in GDP in %, Unemp measures the unemployment rate in % and MinWage measures the minimum wage in $.Based on the model results sketch the regression line for the change in net migration variable as a function of the unemployment rate given a 1% change in GDP and minimum wage of $1 + Drag and drop an image or PDF file or click to browse... Q1 b) (4 points) Solve for the 90% two sided confidence interval for the true slope coefficient on the unemployment rate. Based on this interval do you believe unemployment impacts the change in migration?Consider the variance-covariance matrix for the model: Covariance matrix of coefficients of regress model e(V) ChngGDP Unemp MinWage _cons ChngGDP 3.9731016 Si Unemp 1.0595986 5.0531221 MinWage 1.064012 1.5776121 1.8740572 _cons -21. 147919 -53. 149393 -26.52766 647.90344 At the 5% level of significance test the alternative hypothesis that the change in GDP growth in % has a greater impact than the unemployment rate in %At the 1% level of significance conduct a hypothesis test to support your belief that increasing the minimum wage by $1 causes a decrease in the growth rate of net migration of more than 1%

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