You have estimated the following regression to explain hourly wages,using a sample of 250 individuals: = -2.44 - 1.57 × DFemme + 0.27 × DMarried + 0.59 × Educ + 0.04 × Exper - 0.60 × DNonwhite
(1.29)(0.33)(0.36)(0.09)(0.01)(0.49)
+ 0.13 × NCentral - 0.11 × South
(0.59)(0.58)
R2 = 0.36,SER = 2.74,n = 250
Test the null hypothesis that the coefficients on DMarried,DNonwhite,and the two regional variables,NCentral and South are zero.The F-statistic for the null hypothesis βmarried = βnonwhite = βnonwhite = βncentral = βsouth = 0 is 0.61.Do you reject the null hypothesis?

Question

You have estimated the following regression to explain hourly wages,using a sample of 250 individuals:  = -2.44 - 1.57 × DFemme + 0.27 × DMarried + 0.59 × Educ + 0.04 × Exper - 0.60 × DNonwhite
(1.29)(0.33)(0.36)(0.09)(0.01)(0.49)
+ 0.13 × NCentral - 0.11 × South
(0.59)(0.58)
R2 = 0.36,SER = 2.74,n = 250
Test the null hypothesis that the coefficients on DMarried,DNonwhite,and the two regional variables,NCentral and South are zero.The F-statistic for the null hypothesis βmarried = βnonwhite = βnonwhite = βncentral = βsouth = 0 is 0.61.Do you reject the null hypothesis?

Quizplus · Accepted Answer

The Answer of You have estimated the following regression to explain hourly wages,using a sample of 250 individuals:  = -2.44 - 1.57 × DFemme + 0.27 × DMarried + 0.59 × Educ + 0.04 × Exper - 0.60 × DNonwhite
(1.29)(0.33)(0.36)(0.09)(0.01)(0.49)
+ 0.13 × NCentral - 0.11 × South
(0.59)(0.58)
R2 = 0.36,SER = 2.74,n = 250
Test the null hypothesis that the coefficients on DMarried,DNonwhite,and the two regional variables,NCentral and South are zero.The F-statistic for the null hypothesis βmarried = βnonwhite = βnonwhite = βncentral = βsouth = 0 is 0.61.Do you reject the null hypothesis?

You Have Estimated the Following Regression to Explain Hourly Wages,using