INTRODUCTION TO ECONOMETRICS II
ECO 306
NOUN
70 rejectH
0
if |
(
)
|>
, do not reject if |
(
)
|
Where |
(
)
| is the absolute value (numerical value, neglecting the sign) of t.
2.2.4.0 SUMMARY
In this unit, basic understanding of the properties of regression coefficients and hypotheses testing has been explained. As introductory step to understanding this unit, some knowledge areas like estimators, assumptions underlying CLRM and properties of OLS estimators were briefly discussed. These knowledge areas acquainted the students of what is expected to be known for
better understanding of the different aspect of regression Coefficients, hypotheses testing and the assumptions associated with studying these topics in this unit.
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