Economics · Econometrics
In multiple regression, to test H0: β2 = β3 = 0, the appropriate test statistic is:
- 1Simple t-test for individual coefficients
- 2Wald test or F-test using restricted and unrestricted RSS✓
- 3Chi-square test on the residuals
- 4Durbin-Watson statistic
Correct answer
Wald test or F-test using restricted and unrestricted RSS
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