Question: 13.29 Gain in human development Refer to the previous exercise. a. Report the test statistic and P-value for testing H0: b1 = b2 = 0.

13.29 Gain in human development Refer to the previous exercise.

a. Report the test statistic and P-value for testing H0: b1 = b2 = 0.

b. State the alternative hypothesis that is supported by the result in part a.

c. Does the result in part a imply that necessarily both literacy rate and daily per capita income are needed in the model? Explain.

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