Test hypotheses about single coefficients and about linear combinations of coefficients in a multiple regression model. In
Question:
Test hypotheses about single coefficients and about linear combinations of coefficients in a multiple regression model. In particular,
a. What is the difference between a one-tail and a two-tail test?
b. How do you compute the \(p\)-value for a one-tail test, and for a two-tail test?
c. What is meant by "testing the significance of a coefficient'?
d. What is the meaning of the \(t\)-values and \(p\)-values that appear in your computer output?
e. How do you compute the standard error of a linear combination of coefficient estimates?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles Of Econometrics
ISBN: 9781118452271
5th Edition
Authors: R Carter Hill, William E Griffiths, Guay C Lim
Question Posted: