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Lecture 5

ECON 2P91 Lecture Notes - Lecture 5: Null Hypothesis, Analysis Of Variance


Department
Economics
Course Code
ECON 2P91
Professor
Tomson Ogwang
Lecture
5

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(a) obtain the ANOVA table for this regression
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
      
(5.26) 0.17 1.50 2.03 3.38
Ui not included in the estimated equation, only included in the population equation
SER=34.32  
(c ) Interpret the estimated slope coefficient for the BSMT binary variable. Is the reference
residential house that with a basement or that without a basement?

      

    /66,230
(d) Use the sums of squares from the ANOVA table you obtained for (a) to confirm that
  
   
 =
1- 
 
  
(e) Use the entries in the ANOVA table you obtained in part (a) to test for the significance of the
overall regression. Use 5% level of significance. Please make sure that you state the null and
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