You estimate the model yi= β1+β2xi+ui.
You find that β2=2.ab the standard error is se=1.ca You have bc observation.
Compute the t-value.
Can you reject the Null Hypothesis H0: β2=0 in favor of Ha: β2≠0 at the 1% level?
c.Can you reject the Null Hypothesis H0: β2=0 in favor of Ha: β2>0 at the 5% level?
if a=1
b=2
c=8
please give full explanation and do this step by step