Suppose that a sample of n = 20 households has the sample me
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Suppose that a sample of n = 20 households has the sample means and sample covariances below for a dependent variable an
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Suppose that a sample of n = 20 households has the sample means and sample covariances below for a dependent variable and two regressors: a. Calculate the OLS estimates of b0, b1, and b2. Calculate s 2 un. Calculate the R2 of the regression. b. Suppose that all six assumptions in Key Concept 18.1 hold. Test the hypothesis that b1 = 0 at the 5% significance level
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