Provide the explanation of the Hausman test based on the output below. State the null and...
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Provide the explanation of the Hausman test based on the output below. State the null and alternative hypothesis. Which hypothesis is acceptable? hausman fixed . Coefficients (b) (B) fixed random (b-B) Difference sqrt (diag (V_b-V_B)) S.E. log_idxalmiq 1.218636 log_udm log_ufid -1.400625 -.048526 1.100995 -.0557181 -.1087978 1176413 -1.344907 .0602719 0193029 .4054099 .1046446 b consistent under Ho and Ha; B = inconsistent under Ha, efficient under Ho; difference in coefficients not systematic chi2 (3) (b-B)'[(V_b-V_B)^(-1)] (b-B) obtained from xtreg obtained from xtreg Test: Ho: = 50.52 Prob>chi2 = 0.0000 Provide the explanation of the Hausman test based on the output below. State the null and alternative hypothesis. Which hypothesis is acceptable? hausman fixed . Coefficients (b) (B) fixed random (b-B) Difference sqrt (diag (V_b-V_B)) S.E. log_idxalmiq 1.218636 log_udm log_ufid -1.400625 -.048526 1.100995 -.0557181 -.1087978 1176413 -1.344907 .0602719 0193029 .4054099 .1046446 b consistent under Ho and Ha; B = inconsistent under Ha, efficient under Ho; difference in coefficients not systematic chi2 (3) (b-B)'[(V_b-V_B)^(-1)] (b-B) obtained from xtreg obtained from xtreg Test: Ho: = 50.52 Prob>chi2 = 0.0000
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