Because of economic crisis Darth Yader ordered Data Analysis

Because of economic crisis Darth Yader ordered Data Analysis department of the Empire Inc. to analyze the price factors of Star Fighters of different modifications. Data (N = 74 obs) on the ion-fuel-economy length, weight of carried laser arm (kg), Twin Ion Engine displacement (cubic cm) and Engine origin (For Empire Inc., variable Foreign = 0) were used to find out whether or not the estimate of the price (SM) of Fighters is elastic with respect to the weight of carried arm. The results are following: Using stajU outputs presented on the next page conduct the following tests. (State Null hypothesis, write conclusions, propose remedy if necessary). Multicollinearity Hetroskedasticty

Solution