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5.) In which case would testing the null hypothesis involve a two-tailed statistical test?
a.) H1: Incentive pay for teachers does affect student achievement
b.) H1: Higher sales tax rates does not reduce state tax revenues
c.) H1: Extending the duration of unemployment benefits does not increase the
length of joblessness
d.) H1: Smoking does not reduce life expectancy
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7.) Which of the following expressions is NOT equal to Ʃ(yi - y̅ )2 ?
a.) Ʃ(ŷ i-y̅ )2+ Ʃei2
b.) SSR + SSE
c.) SSR/SSE
d.) SST
10.) You estimate a model with 5 explanatory variables and an intercept from a data
set with 247 observations. To test hypotheses on this model you should use a t
distribution with how many degrees of freedom?
a.) 242
b.) 120
c.) ∞
d.) 241
11.) A model estimated using a dataset with 125 observations generates the following
results.
Std.
Variable Error t P>|t|
x2 -0.01264 0.005519 -2.28937 0.022
x3 0.595792 0.014482 41.13934 0.000
x4 1.124589 0.877192 1.282032 0.200
x5 0.323742 0.060709 5.332661 0.000
Constant 8.86016 1.766116 5.016749 0.000
What are the endpoints for the 95% confidence interval for 3?
a.)(-0.6842, 1.8758)
b.)(-1.3842, 2.5758)
c.)(.5672, 6245)
d.)(-40.5435 , 41.7251)
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Exercises from Textbook
Page 119 3.2 (you don’t need to de part e) 3.4 (you don’t need to do part c and f)