and not1960-1971 360 Part (a): Model C: It is C, In Xsu-nand not C, In X3r-ll Problem 11.19: It should be Ruben Hernandez-Murillo 362 Part( d): Second line, drop or before smaller student/teacher ratio 369 Section 12.4(1): Large variances and standard errors In the paragraph below equation( 12. 19) it is Table 12-4 and not Table 12-5 38 Question 12.5: The sentence should end with a period rather than a question mark 395 Replace Equation(13. 3)by the following equation R&D=266917+0.0309saks se=(1002.961)(0.00834) t=(0.2654)(3.6996) 0.4610 395 Replace the equation in Figure 13-3 by the corrected equation(13.3) The corrected Figure 13-4 is shown at the end 402 There should be only 18 data points in Figure 13-7. The corrected figure is shown at the end 402 Second paragraph below Figure 13-7. This figure resembles Figure 13-6(b 403 Replace Equation(13.6) by the following equation ne2=34118+0.9377 In Sales (4.9725)(0.4520) (0.6861)(2.0745) r2=02120 The sentence below Equation(13.6)should read The estimated slope coefficient is barely significant at the 5% level, if we choose a 5% level of significance 404 Replace Equations(13. 10),(13. 11), and(13 12) by the following I equations. e|=573.4053+0.0124 Sales (13.10) t=(0.8511)(2.2127 r2=02343 e,|=-528336+8.1747√Saes (13.11) (-0.5209)(24483) 0.2725 lel=23156584-1986263521/ (13.12) Sales t=(3.7871)(-1.5946) r2=0.1371 404 The sentence below Equation(13. 12)should read On the basis of the Glejser test, we see that models(13. 10) and(13. 11) lead to the rejection of the null hypothesis of no heteroscedasticity, whereas (13. 12)does not 406 Equation(1316)should read as follows3 and not 1960-1971. 360 Part (a): Model C: It is 4 3( 1) 4 (3 1) ln ln . C X and not C X t t − − 361 Problem 11.19: It should be Rubén Hernández-Murillo 362 Part (d) : Second line, drop or before smaller student/teacher ratio. 369 Section 12.4 (1): Large variances and standard errors 382 In the paragraph below equation (12.19) it is Table 12-4 and not Table 12-5. 386 Question 12.5: The sentence should end with a period rather than a question mark. 395 Replace Equation (13.3) by the following equation: i R & ˆ D = 266.1917 + 0.0309 Salesi se = (1002.961) (0.00834) t = (0.2654) (3.6996) 2 r = 0.4610 395 Replace the equation in Figure 13-3 by the corrected equation (13.3). 396 The corrected Figure 13-4 is shown at the end. 402 There should be only 18 data points in Figure 13-7.The corrected figure is shown at the end. 402 Second paragraph below Figure 13-7. This figure resembles Figure 13-6(b). 403 Replace Equation (13.6) by the following equation: ln 2 i e =3.4118 + 0.9377 ln Salesi se = (4.9725) (0.4520) t= (0.6861) (2.0745) 2 r = 0.2120 403 The sentence below Equation (13.6) should read: The estimated slope coefficient is barely significant at the 5% level, if we choose a 5% level of significance. 404 Replace Equations (13.10), (13.11), and (13.12) by the following ] equations: | i e | = 573.4053 + 0.0124 Salesi (13.10) t = (0.8511) (2.2127) 2 r = 0.2343 | i e | = -522.8336 + 8.1747 Salesi (13.11) t = (-0.5209) (2.4483) 2 r = 0.2725 | i e | = 2315.6584 – 19862635.21         Salesi 1 (13.12) t = (3.7871) (–1.5946) 2 r = 0.1371 404 The sentence below Equation (13.12) should read: On the basis of the Glejser test, we see that models (13.10) and (13.11) lead to the rejection of the null hypothesis of no heteroscedasticity, whereas (13.12) does not. 406 Equation (13.16) should read as follows: