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The following table contains data on average growth rates from 1960 through 1995 for 20 countries along with variables that are potentially related to growth.
The following table contains data on average growth rates from 1960 through 1995 for 20 countries along with variables that are potentially related to growth. Download the data from the table by clicking the download table icon lg . Adetailed description of the variables used in the data set is available here 0 . Use a statistical package of your choice to answer the following questions. Run a regression of Growth on TradeShare. Test the null hypothesis Ho: 1 = 0 versus a two-sided alternative hypothesis H1: 1 0. Compute the tstatistic and p-value. The tstatistic is 1.701 . (Round your response to three decimal places) The pvalue is 0.094 . (Round your response to three decimal places) Is the estimated regression slope statistically significant? That is, can you reject the null hypothesis H0: [31 = 0 versus a two-sided alternative hypothesis H1: 1 0 at the 10% signicance level? 0 A. Yes. Q B. No
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