Refer to Exercise 7.21c. Now that you have the necessary tools, which test(s) would you use to

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Refer to Exercise 7.21c. Now that you have the necessary tools, which test(s) would you use to choose between the two models? Show the necessary computations. (the dependent variables in the two models are different.)

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Basic Econometrics

ISBN: 978-0073375779

5th edition

Authors: Damodar N. Gujrati, Dawn C. Porter

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