Consider the following regression model
Data for the relevant variables are in this file. Estimate the model using the OLS method.
a. Use an F-statistic to compute a p-value for the null hypothesis H0 : beta3 = beta2
b. Using a significance level of 10%, do you reject the null hypothesis?
Show all your working. Your answer should include the relevant output for your estimated regression models and details of their derivation. Also, you should state the null and alternative hypotheses, the significance level, the formula for the test statistic, the PDF of the test statistic under the null hypothesis, the value of the test statistic, the critical value and your conclusion.
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