Question: The question is for this Ramsey test result do we reject the null or not and if we do then why ? how do we

The question is for this Ramsey test result do we reject the null or not and if we do then why ? how do we know what is the calculated f statistic and the critical f statistic?

. estat ovtest Ramsey RESET test using powers of the fitted values of crop Ho: model has no omitted variables F (3, 132) = 1.35 Prob > F = 0. 2621

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Unit 3 Problem Set NAME: Elements of Statistics--FHSU Virtual College--Spring 2017 REMEMBER, these are assessed preparatory problems related to the content of Unit 3. The Unit 3 Exam will consist of...

Unit 3 Problem Set NAME: Elements of Statistics--FHSU Virtual College--Summer 2015 REMEMBER, these are assessed preparatory problems related to the content of Unit 3. The Unit 3 Exam will consist of...

1. A psychologist is interested in knowing whether adults who were bullied as children differ from the general population in terms of their empathy for others. On a questionnaire designed to measure...

\"Lady Tasting Tea\"1 R. A. Fisher was one of the founding fathers of modern statistics. One of his early, and perhaps the most famous, experiments was to test an English lady's claim that she could...

1. What does the test statistic tell you? It indicates how many standard errors a point estimate lies from the expected null hypothesis population value. It's another word for the p-value. It...

1, In this problem, we focus on running a hypothesis test when you have a summary of the data. Context: In 2014, Gallup conducted a poll where 42% of those surveyed said they were "Independents" (as...

Assessment: ??/60 Unit 3 Problem Set NAME: Kacie Strother Elements of Statistics--FHSU Virtual College--Fall 2015 REMEMBER, these are assessed preparatory problems related to the content of Unit 3....

Assessment: ??/60 Unit 3 Problem Set NAME: Elements of Statistics--FHSU Virtual College--Fall 2015 REMEMBER, these are assessed preparatory problems related to the content of Unit 3. The Unit 3 Exam...

Cranberry Corporation, a North Dakota company, is a producer of low-budget inde-pendent films. It engages in this activity both within the United States and in Canada. In the current year, it earned...

Danny Dan (40 years) operated a satellite installation business as a sole proprietor. On 1 April in the current year of assessment, he decided to enter into a partnership agreement with Jason John...

Which of the following statements is ( are ) true? ( 1 ) An asset is a cost that will be matched with revenues in a future accounting period. ( 2 ) Opportunity costs are recorded as intangible assets...

please disregard 1st picture n mation applies to the questions displayed below.] he general ledger of ACME Fireworks includes the following account E Credit Debit $ 26,100 48,200 lectible Accounts $...