Question: al A a ECON 3513 Final FALL 2015 2 . ( 10 points ) Suppose a real estate developer is using analytics to determine how

al A a ECON 3513 Final FALL 2015 2 . ( 10 points ) Suppose a real estate developer is using analytics to determine how commercial proper development is affecting local house prices . She runs two regressions house value Do + b , size house + by income + by lake + b Commerical Propert house value - bo + b size house + byincome Note that the second regression is a restricted version of the first regression that imposes two restrictions ( by = by = 0 ) Given RUNRESTRICTED 6 RRESTRICTED = 4 1 = 89 use an F- lest to test the mull hypothesis that by = by =

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