Question: Suppose that you estimate a regression model with a sample size of 112 observations and 10 explanatory variables, including the intercept, using ordinary least squares

Suppose that you estimate a regression model with a sample size of 112 observations and 10 explanatory variables, including the intercept, using ordinary least squares and the residual sum of squares from this estimated model is 22.You then conduct a Ramsey's RESET on this model and the residual sum of squares from the Ramsey regression is 20.The test statistic associated with this Ramsey's RESET is ______, and you can conclude at the 5-percent level of significance that _________________.

Group of answer choices

A. 1; the regression is not misspecified.

B. 5; the regression is misspecified.

C. 4; the regression is misspecified.

D. 2; the regression is not misspecified.

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