Regression Specification Error Test (RESET...
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Regression Specification Error Test (RESET test) The next two slides are parts of pages 306 and 307 of Wooldridge’s (2013) Introductory Econometrics: A Modern Approach, Fifth Edition. Ramsey (1969) Tests for Specification Errors in Classical Linear Least- Squares Analysis. Journal of the Royal Statistical Association, Series B, 71, 350–371.
Transcript of Regression Specification Error Test (RESET...
![Page 1: Regression Specification Error Test (RESET test)hedibert.org/.../04/Econometria201304-Aula13-ARLMX... · Reset test price on lotsize,sqrft,bdrms F statistic = 4.66820549 Critical](https://reader035.fdocuments.us/reader035/viewer/2022070906/5f7ac202ce52ab033e7e8376/html5/thumbnails/1.jpg)
Regression Specification Error Test (RESET test)
The next two slides are parts of pages 306 and 307 of Wooldridge’s (2013) Introductory Econometrics: A Modern Approach, Fifth Edition. Ramsey (1969) Tests for Specification Errors in Classical Linear Least-Squares Analysis. Journal of the Royal Statistical Association, Series B, 71, 350–371.
![Page 2: Regression Specification Error Test (RESET test)hedibert.org/.../04/Econometria201304-Aula13-ARLMX... · Reset test price on lotsize,sqrft,bdrms F statistic = 4.66820549 Critical](https://reader035.fdocuments.us/reader035/viewer/2022070906/5f7ac202ce52ab033e7e8376/html5/thumbnails/2.jpg)
![Page 3: Regression Specification Error Test (RESET test)hedibert.org/.../04/Econometria201304-Aula13-ARLMX... · Reset test price on lotsize,sqrft,bdrms F statistic = 4.66820549 Critical](https://reader035.fdocuments.us/reader035/viewer/2022070906/5f7ac202ce52ab033e7e8376/html5/thumbnails/3.jpg)
![Page 4: Regression Specification Error Test (RESET test)hedibert.org/.../04/Econometria201304-Aula13-ARLMX... · Reset test price on lotsize,sqrft,bdrms F statistic = 4.66820549 Critical](https://reader035.fdocuments.us/reader035/viewer/2022070906/5f7ac202ce52ab033e7e8376/html5/thumbnails/4.jpg)
![Page 5: Regression Specification Error Test (RESET test)hedibert.org/.../04/Econometria201304-Aula13-ARLMX... · Reset test price on lotsize,sqrft,bdrms F statistic = 4.66820549 Critical](https://reader035.fdocuments.us/reader035/viewer/2022070906/5f7ac202ce52ab033e7e8376/html5/thumbnails/5.jpg)
![Page 6: Regression Specification Error Test (RESET test)hedibert.org/.../04/Econometria201304-Aula13-ARLMX... · Reset test price on lotsize,sqrft,bdrms F statistic = 4.66820549 Critical](https://reader035.fdocuments.us/reader035/viewer/2022070906/5f7ac202ce52ab033e7e8376/html5/thumbnails/6.jpg)
Reset test price on lotsize,sqrft,bdrms F statistic = 4.66820549 Critical value = 3.10789130 P-value = 0.01202171 lprice on llotsize,lsqrft,bdrms F statistic = 2.56504156 Critical value = 3.10789130 P-value = 0.08307583
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