Using the methodology discussed in Chapter 8, compare the unrestricted and restricted regressions (9.7.3) and (9.7.4); that
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Using the methodology discussed in Chapter 8, compare the unrestricted and restricted regressions (9.7.3) and (9.7.4); that is, test for the validity of the imposed restrictions.
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Since the dependent variable in models 973 and 974 is the same we can use the R 2 ...View the full answer
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