P 3.7 Activit...ercises.pdf 2 w2Goodnes...art 2.pdf 2- P Activities futions.pdf E a Wecom053.200155 31 A647 IR SEEDS Arial 11 - AAEEEAB Aailed ABCD ABCDA BIU. A XXAA. AE... Question Alpha Noline Lo marks Question 7 Consider the following linear regression model: an Y = 6.2 +0.5X Given that the explained sum of squares (ESS) is 40, the residual sum of squares (RSS) is 9 and number of observations T = 5 then the F-statistic is (to 2 decimal places): TE a) 11.02 b) 11.01 c) 13.33 d) 13.30 mte Show your calculations and interpret the result at 5% significance level. You can find the F-test's critical values in the Table in the appendix A at the end of the exam paper, [6 marks) Question 8 Let the level of significance be 10% and the p-value 1%. Then, rm si your allow encour a) You will fail to reject the null hypothesis b) You will reject the null hypothesis c) You cannot reach a decision on whether you will reject the null d) The size of the test is zero Gailis [6 marks]