Explanation

For the Breusch-Godfrey test:

• The degrees of freedom for the F-statistic are (p, n - k - p), where:
  • p = number of lags being tested (2 in this case)
  • n = sample size (100)
  • k = number of independent variables (5)

Calculation:

• First degree of freedom = p = 2
• Second degree of freedom = n - k - p = 100 - 5 - 2 = 93

Therefore, the degrees of freedom are (2, 93), which corresponds to option B.

Correct Answer: B