Question: la} Simultaneeusly test whether MACHINE and LABOR are irnpe rtant in explaining cast. In other wards; test the subset of ceel'Ficients fer MACHINE and LABOR.

 la} Simultaneeusly test whether MACHINE and LABOR are irnpe rtant in

la} Simultaneeusly test whether MACHINE and LABOR are irnpe rtant in explaining cast. In other wards; test the subset of ceel'Ficients fer MACHINE and LABOR. Use a 5% level of signicance. State the hypotheses to he tested. State the test statistic F. {Heund yeur answer ts twe decimal places} F : l State the pvalue. lReund your answer ts four decimal places} Pageef'l

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