A regression on the original regressors, ?̂t2 and a constant term yields the following statistics: R2 = 0.296041 F = 1.177507 coeff of ?̂t2 has a t-statistic of 2.876 With this information, which test can you implement to deal with the problem omitted variables and why? Implement the test as stated in b(i) and interpret the results. What is (are) the consequence(s) of the problem alluded to above on the estimators?

A regression on the original regressors, ?̂t2 and a constant term yields the following statistics: R2 = 0.296041 F = 1.177507 coeff of ?̂t2 has a t-statistic of 2.876 With this information, which test can you implement to deal with the problem omitted variables and why? Implement the test as stated in b(i) and interpret the results. What is (are) the consequence(s) of the problem alluded to above on the estimators?

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter5: Inverse, Exponential, And Logarithmic Functions

Section5.6: Exponential And Logarithmic Equations

Problem 70E

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