Perform a t test on the slope coefficient and the intercept

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Explain whether it would have been possible to perform one-tailed tests instead of two-tailed tests in Exercise 3.11. If you think that one-tailed tests are justified, perform them and state whether the use of a one-tailed test makes any difference.

Exercise 3.11

Perform a t test on the slope coefficient and the intercept of the educational attainment function fitted using your EAEF data set, and state your conclusions.

Reference no: EM131132481

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Perform a t test on the slope coefficient : Perform a t test on the slope coefficient and the intercept of the educational attainment function fitted using your EAEF data set, and state your conclusions.
Calculate the 99 percent confidence interval for ß2 : Calculate the 99 percent confidence interval for β2 in the earnings function example (b2 = 1.073, s.e.(b2) = 0.132), and explain why it includes some values not included in the 95 percent confidence interval calculated in the previous section.
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Perform a t test on the slope coefficient and the intercept : Perform a t test on the slope coefficient and the intercept of the educational attainment function fitted using your EAEF data set, and state your conclusions.
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