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Continuing with the same example. Assume you have 500 observations, and suppose you run the regressions corresponding to the restricted and unrestricted models in question
Continuing with the same example. Assume you have 500 observations, and suppose you run the regressions corresponding to the restricted and unrestricted models in question 1. Suppose that the you obtain the following values: SSR_R= 198.3 and SSR_U=183.2. If, find the critical value for your F statistic. Note: You can use tables or an online calculator. Please round all answers to the second decimal place, i.e. if your answer is 0.005, please round to 0.01 and if it is 0.013, please round to 0.01 unanswered Based on the information above, compute the test statistic. Round all answers to the first decimal place, i.e. if your answer is 1.193, round to 1.2, and if it is 1.113, round to 1.1 unanswered
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