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Consider the following estimation logwage = 5.86 + Biuniversity+ 0.05erperience %3D (0.87) (0.050) (0.021) where the standard errors are respectively 0.87 (for the constant), 0.050 (for the coefficient on university) and 0.021 (for experience). Given the estimated coefficient for university (not reported here), the p-value from testing the hypothesis Ho: B1 =0 against the alternative HA: B +0 is p=0.058. In this estimation, what would be the p-value in a one-sided hypothesis test of the same null against the alternative HA: B1 >? Report your answer with three decimal points.

Consider the following estimation logwage = 5.86 + Biuniversity+ 0.05erperience %3D (0.87) (0.050) (0.021) where the standard errors are respectively 0.87 (for the constant), 0.050 (for the coefficient on university) and 0.021 (for experience). Given the estimated coefficient for university (not reported here), the p-value from testing the hypothesis Ho: B1 =0 against the alternative HA: B +0 is p=0.058. In this estimation, what would be the p-value in a one-sided hypothesis test of the same null against the alternative HA: B1 >? Report your answer with three decimal points.

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
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Consider the following estimation logwage = 5.86 + B1university+0.05erperience (0.87) (0.050) (0.021) where the standard errors are respectively 0.87 (for the constant), 0.050 (for the coefficient on university) and 0.021 (for experience). Given the estimated coefficient for university (not reported here), the p-value from testing the hypothesis Ho: B1 =0 against the alternative HA: B1 0 is p-0.058. In this estimation, what would be the p-value in a one-sided hypothesis test of the same null against the alternative HA: B1 > ? Report your answer with three decimal points. Your Answer:
Transcribed Image Text:Consider the following estimation logwage = 5.86 + B1university+0.05erperience (0.87) (0.050) (0.021) where the standard errors are respectively 0.87 (for the constant), 0.050 (for the coefficient on university) and 0.021 (for experience). Given the estimated coefficient for university (not reported here), the p-value from testing the hypothesis Ho: B1 =0 against the alternative HA: B1 0 is p-0.058. In this estimation, what would be the p-value in a one-sided hypothesis test of the same null against the alternative HA: B1 > ? Report your answer with three decimal points. Your Answer:
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