National open university of nigeria introduction to econometrics II eco 356



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Introduction to Econometrics ECO 356 Course Guide and Course Material
Introduction to Econometrics ECO 356 Course Guide and Course Material
2.2.5.0 CONCLUSION
Assumptions and basic knowledge areas needed for the students to be acquainted with the properties of regression coefficients and hypotheses testing have been introduced and discussed in this unit. Most especially, the respective Gauss-Markov conditions in the assumptions concerning disturbance term of regression analyses were discussed in a manner that the students would be able to properly understand. Also, formulation of null hypothesis and developing implications of a hypothesis were discussed as testing hypotheses relating to the regression coefficients.

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