ECON 3210 Chapter Notes - Chapter 6: Econometrics, Null Hypothesis, Explained Variation
9 Feb 2013
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H is defined as. There is evidence from the data to suggest that. The model from exercise 6. 1 is model is 979. 830. The model after augmenting with the squares and the cubes of. H . this model is 696. 5375. To use the reset, we set the null hypothesis. 0. 05 calculated f is greater than the critical f we reject misspecified. Let the total variation, unexplained variation and explained variation be denoted by sst, To test h0: 2 1 against the alternative h1: 2 < 1, we calculate t b. At a 5% significance level, we reject h0 if we fail to reject. There is insufficient evidence to conclude (0. 05,17) t t. H against the alternative. The critical value for a 5% level of significance is reject h0 and conclude that the hypothesis 2 = 3 = 0 is not compatible with the data.
