This scenario looks at the factors affecting SAT score.

Suppose that:

The variable sat is the combined SAT score,

hsize is the size (in hundreds) of the students high school graduating class,

female is a gender dummy variable equal to one for females and zero otherwise, and

black is a race dummy variable equal to one for blacks and zero otherwise.

2. Complete the following tasks on scenario two (total 20 marks)

a. Explain whether there is strong evidence that both hsize and hsize² should be included in the model jointly (using =0.01).

Please explain how to do in Eviews.

File Edit Object View Proc Quick Options Add-ins Window Help Command File Edit Object View Proc Quick Options Add-ins Window Help Command