Econ122A+Sample+Final+Exam+-+Solutions

Answer h0 3 0 h1 3 0 test statistic t statistic

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Unformatted text preview: t one of them is significant, decide that you should reject H0. c) Conduct an F test. If the F statistic is greater than the critical value, decide that you should reject H0. d) both b) and c) are correct. Answer: C We can’t do a t test for each coefficient separately because we want to know if the parameters are jointly significant, not individual significance. It is possible for neither β1 or β2 to be individually significant, but jo...
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