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When Testing the Utility of the Quadratic Model E(y)=β0+β1x+β2x2E ( y ) = \beta _ { 0 } + \beta _ { 1 } x + \beta _ { 2 } x ^ { 2 }

Question 36

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When testing the utility of the quadratic model E(y)=β0+β1x+β2x2E ( y ) = \beta _ { 0 } + \beta _ { 1 } x + \beta _ { 2 } x ^ { 2 } , the most important tests involve the null hypotheses H0:β0=0H _ { 0 } : \beta 0 = 0 and H0:β1=0H _ { 0 } : \beta _ { 1 } = 0 .

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