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Suppose we estimate 3 = 1.41 and se(3) = 0.3. These estimates come from a regression with a sample size n = 450 and k
Suppose we estimate 3 = 1.41 and se(3) = 0.3. These estimates come from a regression with a sample size n = 450 and k = 6. For a 10% test of the null hypothesis that H0 : 3 = 2 against the one-sided alternative that H1 : 3 < 2, answer each of the following: (i) what is the t-statistic, (ii) what is the critical value, and (iii) do we reject the null?
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