✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Check this new model
The OLS estimates were computed with the sample
The ε assumptions were checked and seem to be met.
If you consider α=0.01 there is a contradiction between the conclusion regarding Ho:R2=0 and Ho:βi=0.
What would you do next to clarify this contradiction ?
I would run