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How to explain the overall conclusions from these tests? A. install.packages(lmtest) library(lmtest) resettest(olsu) RESET test data: olsu RESET = 5.9802, df1 = 2, df2 =
How to explain the overall conclusions from these tests?
A.
install.packages("lmtest")
library(lmtest)
resettest(olsu)
RESET test
data: olsu
RESET = 5.9802, df1 = 2, df2 = 1084, p-value = 0.002612
B.
install.packages("lmtest")
library(lmtest)
resettest(olsu)
install.packages("tseries")
library(tseries)
residu = resid(olsu)
> jarque.bera.test(residu)
Jarque Bera Test
data: residu
X-squared = 7.9497, df = 2, p-value = 0.01878
> hist(residu)
Histogram of residu 100 150 200 Frequency O -1.0 -0.5 0.0 0.5 1.0 residuStep by Step Solution
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