A researcher is interested in performing an explanatory variable exclusion test on 3 parameters. The data-generating-process...

A researcher is interested in performing an explanatory variable exclusion test on 3 parameters. The data-generating-process satisfies the assumptions of the Classical Linear Model. There are J=6 total explanatory variables and 42 observations. The unrestricted model is of the form: LaTeX: y_i=\beta_0+\sum_{j=1}^J\beta_jx_{ij}+u_i y i = β 0 + ∑ j = 1 J β j x i j + u i Identify the critical value from the Snedecor F-distribution with a 5% level of significance for the exclusion test suggested here.

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Rahul Sunny answered 1 year ago

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