What is the overall significance of the regression

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Reference no: EM131071035

From a sample of 209 firms, Wooldridge obtained the following regression results:

se = (0.32) (0.035) (0.0041) (0.00054)

R2 = 0.283 t0.05 = 1.96 F0.05 = 3.32

and where figures in the parentheses are the estimated standard errors.

i. Interpret the preceding regression.

ii. Which of the coefficients are individually statistically significant at the 5% level?

iii. What are R2 = 0.283 implies for?

iv. What is the overall significance of the regression? Which test do you use? And why?

Reference no: EM131071035

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