Question: Using the results in Exercise 1, test the hypothesis that the slope on x 1 is 0 by running the restricted regression and comparing the

Using the results in Exercise 1, test the hypothesis that the slope on x₁is 0 by running the restricted regression and comparing the two sums of squared deviations.

[29 0 X'X = 0 50 10 10 80

Test the hypothesis that the two slopes sum to 1.

[29 0 X'X = 0 50 10 10 80

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