Question
Q10: Consider the following regression model Y i = 0 + 1 X 1i + 2 X 2i + 3 X 3i +u i Data
Q10: Consider the following regression model
Yi=0+1X1i+2X2i+3X3i+ui
Data for the relevant variables are shared:
https://drive.google.com/file/d/1ybRp2a7Tuzrjv84x-BewchQHPXC1FzlI/view?usp=sharing
Estimate the model using the OLS method.
Use an F-test with the critical value method and a significance level of 1% to test H0:42+33=3 against H1:42+333.
Show all your working. Your answer should include the relevant output for your estimated regression models and details of their derivation. Also, you should state the null and alternative hypotheses, the significance level, the formula for the test statistic, the PDF of the test statistic under the null hypothesis, the value of the test statistic, the critical value and your conclusion.
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