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Please answer this as quickly as possible!!! thanks so much!! Using 20 observati

ID: 3360469 • Letter: P

Question

Please answer this as quickly as possible!!! thanks so much!!

Using 20 observations... The following regression output is obtained from estimating...

Using 20 observations, the following regression output is obtained from estimating y= 0 + 1Pad + 3xd + Standard t Stat 4.40 5.25 -0.96 4.75 p-value 0.0004 0.0000 0.3513 0.0002 Coefficients Error Intercept 14.30 2.73 -3.60 3.80 3.25 0.52 3.75 0.80 xd Compute y-hat forx= 12 and d= 1; then compute y-hat for x = 12 and d= 0, (Round intermediate calculations to 4 decimal places and final answers to 2 decimal places.) a. at x= 12 and d= 1 x= 12 and d= 0 b-1, is the dummy variable d significant at the 5% level? O Yes, since we reject the relevant null hypothesis O Yes, since we do not reject the relevant null hypothesis O No, since we reject the relevant null hypothesis O No, since we do not reject the relevant null hypothesis b-2. Is the interaction variables xd significant at the 5% level? O Yes, since we reject the relevant null hypothesis O Yes, since we do not reject the relevant null hypothesis O No, since we reject the relevant null hypothesis O No, since we do not reject the relevant null hypothesis

Explanation / Answer

y = 14.3 + 2.73*x - 3.6*d + 3.8*xd a) yhat x=12 and d=1 =14.3+2.73*12-3.6*1+3.8*1*12 89.06 x=12 and d=0 =14.3+2.73*12-3.6*0+3.8*0*12 47.06 b1) No since we don’t reject relevant null hypothesis with t = -0.96 and p-value > 0.05, I fail to rject ho b2) yes, since we reject relevant null hypothesis with t = 4.75 and p-value < 0.05, I rject ho