(Answered) Q 1 test the following joint hypothesis about the

Statistics

Q 1 Test the following joint hypothesis about the coefficients on CYL (B₁) and ENGCM3 (B₂): H₀: and , H₁: or , with α=0.05.

Along with the previous results, what do you conclude about B₁ and B₂? Is this consistent with your intuition?

Q2 . Can you explain any conflict between the implications of the results obtained about and and your expectations? (Hint: Run auxiliary regressions for the explanatory variables in question against the others, and compute the correlations between all the explanatory variables. What do you notice?).

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