Question: (b) Use the below output to test the null hypothesis H. : 3x -0.53w = -0.5 against the two tailed alternative H : Bx -0.53w

(b) Use the below output to test the null hypothesis H. : 3x -0.53w = -0.5 against the two tailed alternative H : Bx -0.53w # -0.5 at a 1% significance level. Be sure to explain how you have been able to make use of the output given. (10 MARKS) Note the variable Wplushal / X = W +0.5X Call: Im(formula - YX + 2 + Wplushalfx) Residuals: Min 10 Median 30 Max -1.8984 -0.4832 0.2532 0.5756 2.0092 Coefficients: Estimate Std. Error t value Pr(>1t1 (Intercept) 4.67189 1.66765 2.801 0.0099 ** x -0.63364 0.39078 -1.621 0.1180 Z -2.51074 0.04934 -50.885

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!

I need the Calculations, not definitions. Hope someone can help me to find the covariance of two variables, how to calculate t-statistics. Thanks. Use the below output to test the null hypothesis Ho...

Justify your Answers please!! Thankyou 1. Which is the following is correct? a. The probability of a type I error is B. b. The probability of a type II error is (1 - B). C. The probability of a type...

NEED ASAP. PLEASE SEE COMMENTS SECTIONS FOR ADDITIONAL INSTRUCTIONS 1. Which is the following is correct? a. The probability of a type I error is . b. The probability of a type II error is (1 - ). c....

PSY 230 Module 3 Assignment (A-3) For this assignment you will use multiple data sets, each embedded within the assignment below. Q1) Find the z values that form the boundaries of the critical region...

1. (25pts) Obesity in children is a major concern because it puts them at risk for several serious medical problems. Some researchers believe that a major issue related to this is that children these...

Set #10 Hypothesis Testing Due in class: Tuesday, 4/12/16 1. Write a short paragraph on how you decide which of two competing hypotheses you would make the null hypothesis, H! , and which you would...

Thanks in advance:-- Each headlight on an automobile undergoing an annual vehicle inspection can be focused either too high (H), too low (L), or properly (N). Checking the two headlights...

please answer all of question1 with explanation 1. Let X be a Poisson random variable with mean 1, and let X1, ..., X 10 be 10 random samples of X. Our hypothesis are as follows: Null hypothesis H,...

Show the number of valence electrons in each of the following atoms. Let the element's symbol represent its kernel, and use dots for the valence electrons. a. Chlorine b. Nitrogen c. Sulfur d. Carbon...

Have you ever been in a situation in which you asked (or worried) about the legality of a decision that you had to make? If so, how did you handle the situation? Would you handle it differently...

James and Kate Sawyer were married on New Year's Eve of 2 0 2 3 . Before their marriage, Kate lived in New York and worked as a hair stylist for one of the city's top salons. James lives in Atlanta,...

Compared with half a century ago, adoption has become _ _ _ _ _ _ _ _ _ common, but it is more open and acceptabl e , so we probably discuss it _ _ _ _ _ _ _ . fill in the blanks more or much less or...

KEY QUESTION A firm has fixed costs of $60 and variable costs as indicated in the table on the next page. Complete the table and check your calculations by referring to question 4 at the end of...

LAST WORD What is a sunk cost? Provide an example of a sunk cost other than one from this book. Why are such costs irrelevant in making decisions about future actions?

KEY QUESTION Use the concepts of economies and diseconomies of scale to explain the shape of a firms long-run ATC curve. What is the concept of minimum efficient scale? What bearing can the shape of...