Question: (e) You give a final attempt to bring the effect of Size back into the equation by forcing the assumption of homoskedasticity onto your estimation.

 (e) You give a final attempt to bring the effect of

(e) You give a final attempt to bring the effect of Size back into the equation by forcing the assumption of homoskedasticity onto your estimation. The results are as follows: Cost = 7,311.17 + 3,985.20 x Reputation - 0.20x Size (1,985.17) (593.65) (0.07) + 8,406.79 X Dpriv - 416.38 x Dlibart - 2,376.51 x Dreligion (1,423.59) (1,096.49) (989.23) R2=0.72, SER = 3,682.02 Calculate the t-statistic on the Size coefficient and perform the hypothesis test that its coefficient is zero. Is this test reliable? Explain

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