Question: 8.If you reject a null hypothesis at the 10% level of significance, then explain which of the following statement is correct. (a) You certainly would

8.If you reject a null hypothesis at the 10%

8.If you reject a null hypothesis at the 10% level of significance, then explain which of the following statement is correct. (a) You certainly would reject Ho at 5%. (b) You are absolutely certain that you would not reject it at 5%. (c) You would definitely reject Ho at 15% significance level. (d) You do not have enough information to decide whether you should reject at 15% or not. 9. Is the following statement correct? Explain. An efficient estimator can be biased. 10. Is the regression of wage on education the same as the regression of education on wage, for a group of individuals? Why or why not? 11. Are 'B' and 'b'interchangeable terms in regression models? Explain

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