Check whether the null hypothesis is rejecting or fail to reject by using the critical region method. Compare the conclusion of critical value method with the P -value method.

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Chapter 8.5, Problem 37P

To determine

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method.

Compare the conclusion of critical value method with the P-value method.

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You may need to use the appropriate technology to answer this question. We want to test whether or not the addition of 3 variables to a model will be statistically significant. You are given the following information based on a sample of 25 observations. ý = 62.480 – 1.838x + 25.660X2 SSE = 745; SSR = 596 The model was also estimated including the 3 variables. The results are: ŷ= Ỹ = 59.220 – 1.766xq + 25.635X, + 16.239Xg + 15.296x4 – 18.729X, SSE = 540; SSR = 801 (a) State the null and alternative hypotheses. O Ho: One or more of the parameters is not equal to zero. H₂: B3 = P4=B5 O Ho: P₁ = P₂ = B3 = P4=B5 = 0 H₂: One or more of the parameters is not equal to zero. O Ho: One or more of the parameters is not equal to zero. H₂: B₁ = B₂ = B3 =B4 =B5 = 0 Ho: B3 = P4 = B ₁ = 0 H₂: One or more of the parameters is not equal to zero. (b) Test the null hypothesis at the 5% level of significance. Find the value of the test statistic. (Round your answer to two decimal places.) 2.53 X Find the…

Answer 2

Question

Chapter 8.5, Problem 37P

To determine

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method.

Compare the conclusion of critical value method with the P-value method.

Expert Solution & Answer

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Answer 3

Question

Chapter 8.5, Problem 37P

To determine

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method.

Compare the conclusion of critical value method with the P-value method.

Expert Solution & Answer

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Answer 4

Question

Chapter 8.5, Problem 37P

To determine

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method.

Compare the conclusion of critical value method with the P-value method.

Expert Solution & Answer

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Answer 5

Chapter 8.5, Problem 37P

To determine

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method.

Compare the conclusion of critical value method with the P-value method.

Answer 6

Chapter 8.5, Problem 37P

To determine

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method.

Compare the conclusion of critical value method with the P-value method.

Answer 7

Chapter 8.5, Problem 37P

To determine

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method.

Compare the conclusion of critical value method with the P-value method.

Answer 8

Expert Solution & Answer

Answer 9

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Answer 10

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Answer 11

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method. Compare the conclusion of critical value method with the P -value method.

Solution Summary: The author compares the conclusion of critical value method with the P -value method. The null hypothesis is not rejected.

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Check whether the null hypothesis is rejecting or fail to reject by using the critical region method.

Compare the conclusion of critical value method with the P-value method.

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Chapter 8 Solutions

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method. Compare the conclusion of critical value method with the P -value method.

Solution Summary: The author compares the conclusion of critical value method with the P -value method. The null hypothesis is not rejected.

Videos

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method. Compare the conclusion of critical value method with the P-value method.

Want to see the full answer?

Chapter 8 Solutions

Check whether the null hypothesis is rejecting or fail to reject by using the critical region method.

Compare the conclusion of critical value method with the P-value method.