Standard errors still are utilized for hypothesis testing

Reference no: EM13685488

Presume that the dependent variable in your regression has a non-normal distribution, even after controlling for the x variables (In other words, MLR.6 is violated). Under what circumstances can the OLS coefficients and standard errors still are utilized for hypothesis testing?

Reference no: EM13685488

Questions Cloud

Average growth rate of aggregate output for the economy : If from 1980 to 2005, the average growth rate of aggregate output for the economy of Groland was 4.5 percent, while over the same time, Groland's population grew an average of 2.0 percent per year, and then aggregate output per person grew at an aver..

A laser-based system installed : A laser-based system installed for B = $150,000 three years ago can be sold for SP = $180,000 now. Based on 5-year MACRS recovery, BV3 = $43,200. GI for year is $800,000 and annual operating expenses average $50,000. Decide TI and taxes if Te = 34 pe..

Department of cass county has estimated that initial cost : The park and recreation department of Cass County has estimated that the initial cost of a park will be $2.3 million. Annual upkeep costs are estimated at $ 120,000. Benefits of $340,000 per year and dis-benefits of $ 40,000 per year have also been i..

Moral hazard-decide whether the above policy benefits : "Moral Hazard" Please responds to the following: In 2020, a leading insurance company started a policy that pays a policy holder a five percent rebate on their insurance premium in a year in which the policyholder does not file an insurance claim. Fo..

Standard errors still are utilized for hypothesis testing : Presume that the dependent variable in your regression has a non-normal distribution, even after controlling for the x variables (In other words, MLR.6 is violated). Under what circumstances can the OLS coefficients and standard errors still are util..

Open source business models described : To what degree do you think the Open Source business models described in the MySQL case study will eventually supersede more traditional business models?

Presume a bank is faced with two kinds of borrowers : Presume a bank is faced with two kinds of borrowers- a high risk borrower that must be charged an interest rate of 9% and a low risk borrower that must be charged an interest of 4%. There is a 30% chance of getting a high risk borrower and a 70% chan..

Conditions to make price discrimination work : What are the necessary conditions to make price discrimination work and the best practices to use price discrimination to maximize profits while avoiding price wars? In your discussion make evident the challenges of the strategy even in markets where..

Weaken the case for active policy making-okuns law : Do Okun's law and the short-run Philips curve appear to be related concepts? Would a breakdown in the Okun's law relationship strengthen or weaken the case for active policy making?

User Account

All Pages