Question: When using N 40 observations to estimate the model y b1 b2x b3z e you obtain SSE 979:830 and

When using N ¼ 40 observations to estimate the model y ¼ b1 þ b2x þ b3z þ e you obtain SSE ¼ 979:830 and sy ¼ 13:45222. Find

(a) R2

(b) The value of the F-statistic for testing H0 :b2 ¼ b3 ¼ 0 (Do you reject or fail to reject H0?)

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