With the definitions of the variables given there, consider the following two models to explain Y: Model
Question:
With the definitions of the variables given there, consider the following two models to explain Y:
Model A: Yt = α1 + α2X3t + α3X4t + α4X6t + ut
Model B: Yt = β1 + β2X2t + β3X5t + β4X6t + ut
Using the nested F test, how will you choose between the two models?
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Answer The nested F test is used to compare the relative fit of t...View the full answer
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