You are interested in studying the racial differences in mortgage loan approvals with the following two regressions: For the subsample of black individuals: approve ei=0b+ loanprc i16+ hrat 12b+ obrat i3b+i For the subsample of non-black individuals: approve ii=0nb+ loanprc iinb+hrati2nb+obratiynb+i where approve is the binary outcome equal to 1 if the loan is approved, loanprc is the ratio of the loan divided by the price of thehouse, hrat is housing expenditures as a percent of income, and obrat is other obligations as a percent of income (other debt, utilities, etc). You would like to valuate a Chow test of the following hypothesis: Ho:0b=0nb,1b=1rbb,2b=2nb,3b=anb What is the single estimating equation and associated hypothesis test that is equivalent to testing the above null hypothesis, Estimating equation approte c1=0+ Loanprc; 1+ hrate, 12 obrat 3+ black 4+1 Hypothesis test: H0=4=0 Estimating equation: approve =0+ loanpre, 1+ hrate i2+ abrat 3+ black i4+ loanpre black 0+ hrate black, 0+ obrat Hlack, 7+ci Hypothesis test: H0=4=0 Estimatiog equation: Hypothesis test H0:6=0,0=0,7=0 Estimsting equation: Hypothesis test H0+4=0,3=0,0=0,7=0 You are interested in studying the racial differences in mortgage loan approvals with the following two regressions: For the subsample of black individuals: approve ei=0b+ loanprc i16+ hrat 12b+ obrat i3b+i For the subsample of non-black individuals: approve ii=0nb+ loanprc iinb+hrati2nb+obratiynb+i where approve is the binary outcome equal to 1 if the loan is approved, loanprc is the ratio of the loan divided by the price of thehouse, hrat is housing expenditures as a percent of income, and obrat is other obligations as a percent of income (other debt, utilities, etc). You would like to valuate a Chow test of the following hypothesis: Ho:0b=0nb,1b=1rbb,2b=2nb,3b=anb What is the single estimating equation and associated hypothesis test that is equivalent to testing the above null hypothesis, Estimating equation approte c1=0+ Loanprc; 1+ hrate, 12 obrat 3+ black 4+1 Hypothesis test: H0=4=0 Estimating equation: approve =0+ loanpre, 1+ hrate i2+ abrat 3+ black i4+ loanpre black 0+ hrate black, 0+ obrat Hlack, 7+ci Hypothesis test: H0=4=0 Estimatiog equation: Hypothesis test H0:6=0,0=0,7=0 Estimsting equation: Hypothesis test H0+4=0,3=0,0=0,7=0