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A researcher carries out a QLR test using 25% trimming, and there are q = 5 restrictions. Answer the following questions using the values in
A researcher carries out a QLR test using 25% trimming, and there are q = 5 restrictions. Answer the following questions using the values in Table 14.5 ("Critical Values of the QLR Statistic with 15% Trimming\") @ and Appendix Table 4 ("Critical Values of the Fm, 0 Distribution") of the text. The QLR Fstatistic is 4.31. The researcher V the null hypothesis at the 5% level. Critical Values of the QLR Statistic with 15% Trimming Number of Restrictions (q} _ _ _ _. to N L N F" s 31' '6"- N!\" L 0153' a mo 3'\" M i Note:These critical values apply when To =0.15T and r1=0_85T(rounded to the nearest integerL so the F-statistic is computed for all potential break dates in the central ?0% of the sample. The number of restrictions q is the number of restrictions tested by each individual F -statistic_ Critical values for other trimming percentages are given in Andrews (2003)
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