Question: Test Ho: beta5 = beta6 = 0 against an appropriate alternative hypothesis. Ensure that you detail all steps for the test. Explain the economic

Test Ho: beta5 = beta6 = 0 against an appropriate alternative hypothesis.

Ensure that you detail all steps for the test. Explain the economic

Test Ho: beta5 = beta6 = 0 against an appropriate alternative hypothesis. Ensure that you detail all steps for the test. Explain the economic interest in testing this null hypothesis. (b) Test Ho: P5 = P6 = 0 against an appropriate alternative hypothesis. Ensure that you detail all steps for the test. Explain the economic interest in testing this null hypothesis. (1.25 marks) (c) Test the overall statistical significance of the regression, making sure that you describe each step of the test adequately. Comment on the outcome. (1.25 marks) (d) Define 90% confidence intervals for the coefficients. Give these interval estimates, carefully interpreting three of the intervals. (1 mark)

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