Suppose your dataset has 52 observations, and you run a regression with 27 variables in-
cluded. You want to run a two-sided t-test on the statistical significance on one of the coeļ¬i-
cients. How many degrees of freedom will this test have?
Q2. If you and I agree to a 99% significance level for rejection of null hypotheses, what is the critical
value for the test described above?
Q3. Suppose the t-statistic for that coeļ¬icient is 2.5. How certain are we that the coeļ¬icient does
not equal zero?