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Given that the calculated F-statistic from the Chow test is 2.96, find the critical value from the F-distribution table corresponding to your model's degrees of
Given that the calculated F-statistic from the Chow test is 2.96, find the critical value from the F-distribution table corresponding to your model's degrees of freedom. Test the null hypothesis that a structural break occurred in 1994:Q1. Discuss potential reasons to be skeptical about the Chow test's results and its capacity to detect structural breaks, considering other economic events or changes that might coincide with NAFTA's implementation
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