g) Consider the results in Table 5. After running the regression, we test whether the variables onwer and hhinc are jointly statistically significant at 5%. The value of the F-statistic is 323.27. Note that the sample size is 1,593. What is the outcome of the test? Would it be correct to reject the null hypothesis if either the t-statistic for hhinc or the t-statistic for owner exceeded 1.96 in absolute value? Explain. Table 5. regress size hhinc ownerhhsizel hhsize2 hhsize3, robust noconstantLinear regressionNumber of obs1,593F(5, 1588)3895.70Prob > F0.0000R-squared0.9255%3DRoot MSE353.16RobustsizeCoefficientstd. err.P>|t|[95% conf. interval]hhinc.004567.00067176.800.000.0032495.0058845owner404.7925442.6217hhsize1675.808624.2422227.880.000628.2585723.3587hhsize2788.660636.4762821.620.000717.1138860.2073hhsize3993.660958.6329416.950.000878.65481108.667

Answered: Image /qna-images/answer/fc5b5031-9c7e-4ccf-995a-4f9882c9c322.jpg

Consider the results in Table 5. After running the regression, we test whether the variables onwer and hhinc are jointly statistically significant at 5%. The value of the F-statistic is 323.27. Note that the sample size is 1,593. What is the outcome of the test? Would it be correct to reject the null hypothesis if either the t-statistic for hhinc or the t-statistic for owner exceeded 1.96 in absolute value? Explain.

Consider the results in Table 5. After running the regression, we test whether the variables onwer and hhinc are jointly statistically significant at 5%. The value of the F-statistic is 323.27. Note that the sample size is 1,593. What is the outcome of the test? Would it be correct to reject the null hypothesis if either the t-statistic for hhinc or the t-statistic for owner exceeded 1.96 in absolute value? Explain.

Principles of Instrumental Analysis

7th Edition

ISBN:9781305577213

Author:Douglas A. Skoog, F. James Holler, Stanley R. Crouch

Publisher:Douglas A. Skoog, F. James Holler, Stanley R. Crouch

Chapter5: Signals And Noise

Section: Chapter Questions

Problem 5.7QAP

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