1. Write down the regression equation. (3 marks)
2. Interpret the parameters estimated in the regression equation. (6 marks)
3. Are the coefficients statistically significant? Conduct proper hypothesis testing for each coefficient.
(4 marks)
4. Are the coefficients jointly significant? (2 marks)
5. How well does the estimated regression equation fit the data? Hint: Explain the R-squared ( 2 marks)
6. If you desire to test the following hypothesis:
H0: B2 = 0 and B3 =0
6.1 Write down the equation for the restricted model (in an abstract way). (2 marks)
6.2 Test the hypothesis stated and explain how to get the critical value using excel functions. (3 marks)
Submit your Excel file and a soft copy of the answers to the questions.
- The Following Model Studies The Trade Off Between Time Spent Sleepi 1 Write Down The Regression Equation 3 Marks 2 1 (23.88 KiB) Viewed 37 times