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Suppose that 5700 firms in Canada are pooled together to determine by cross- sectional and regression analysis, OLS, whether the statement "CEO salary, in Canada, is explained by sales, roe and ros" is correct. You are appointed as the Econometrician who, with the following information, at a significance level a=5%, is going to determine whether the statement is correct. In(Salary), = 1.185 + 0.558ln(Sales); + 0.847 ROE, + 0.345 ROS, + ê, (A) With ê'ê = 3.818 ; Test Jarque – Bera: 2.147 In(Salary); = 1.943 + 0.576ln(Sales); + ê; (B) With ê'ê = 4.218

Suppose that 5700 firms in Canada are pooled together to determine by cross- sectional and regression analysis, OLS, whether the statement "CEO salary, in Canada, is explained by sales, roe and ros" is correct. You are appointed as the Econometrician who, with the following information, at a significance level a=5%, is going to determine whether the statement is correct. In(Salary), = 1.185 + 0.558ln(Sales); + 0.847 ROE, + 0.345 ROS, + ê, (A) With ê'ê = 3.818 ; Test Jarque – Bera: 2.147 In(Salary); = 1.943 + 0.576ln(Sales); + ê; (B) With ê'ê = 4.218

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 31PPS
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Suppose that 5700 firms in Canada are pooled together to determine by cross- sectional and regression analysis, OLS, whether the statement "CEO salary, in Canada, is explained by sales, roe and ros" is correct. You are appointed as the Econometrician who, with the following information, at a significance level a=5%, is going to determine whether the statement is correct. In(Salary); = 1.185 + 0.558ln(Sales), + 0.847 ROE, + 0.345 ROS, + ê, (A) With ê'ê = 3.818 ; Test Jarque – Bera: 2.147 In(Salary); = 1.943 + 0.576ln(Sales), + ê; (B) With ê'ê = 4.218
Transcribed Image Text:Suppose that 5700 firms in Canada are pooled together to determine by cross- sectional and regression analysis, OLS, whether the statement "CEO salary, in Canada, is explained by sales, roe and ros" is correct. You are appointed as the Econometrician who, with the following information, at a significance level a=5%, is going to determine whether the statement is correct. In(Salary); = 1.185 + 0.558ln(Sales), + 0.847 ROE, + 0.345 ROS, + ê, (A) With ê'ê = 3.818 ; Test Jarque – Bera: 2.147 In(Salary); = 1.943 + 0.576ln(Sales), + ê; (B) With ê'ê = 4.218
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