Breusch-pagan test, Advanced Statistics

Assignment Help:

The Null Hypothesis - H0:  There is no heteroscedasticity i.e. β1 = 0

The Alternative Hypothesis - H1:  There is heteroscedasticity i.e. β1 0

Reject H0 if Q = ESS/2  > 2094_Tests for Heteroscedasticity.png

Regression Analysis: gt versus totexp, age, nk

 

The regression equation is

gt = 1.19 - 0.00208 totexp + 0.00002 age + 0.0111 nk

Predictor        Coef    SE Coef      T      P    VIF

Constant       1.1860     0.2229   5.32  0.000

totexp     -0.0020802  0.0009279  -2.24  0.025  1.045

age          0.000015   0.005019   0.00  0.998  1.038

nk            0.01105    0.07775   0.14  0.887  1.007

 

S = 1.46342   R-Sq = 0.3%   R-Sq(adj) = 0.1%

Analysis of Variance

Source            DF        SS     MS     F      P

Regression         3    11.167  3.722  1.74  0.157

Residual Error  1498  3208.095  2.142

  Lack of Fit    644  1373.116  2.132  0.99  0.540

  Pure Error     854  1834.980  2.149

Total           1501  3219.262

 

MTB > let k3=11.167/2

MTB > print k3

 

Data Display

K3    5.58350

Inverse Cumulative Distribution Function

Chi-Square with 3 DF

P( X <= x )        x

       0.95  7.81473

MTB > InvCDF .95;

Since Q = 5.58350 < 7.81 = 2094_Tests for Heteroscedasticity.png, there is sufficient evidence to accept H0 which suggests that there is no heteroscedasticity from the Breusch-Pagan test at 5% significance level which means that one or more slopes are zero.


Related Discussions:- Breusch-pagan test

Codominance, Codominance : The relationship between genotype at the locus a...

Codominance : The relationship between genotype at the locus and a phenotype to which it in?uences. If an individuals with heterozygote (such as, AB) genotype is phenotypically dif

Doane''s rule, A rule for computing the number of classes to use while cons...

A rule for computing the number of classes to use while constructing a histogram and  can be given by   here n is the sample size and ^ γ is the estimate of kurtosis.

Normality - reasons for screening data, Normality - Reasons for Screening...

Normality - Reasons for Screening Data Prior to analyzing multivariate normality, one should consider univariate normality Histogram, Normal Q-Qplot (values on x axis

Integrated Economic Statistics, Advantages and disadvantages of Integrated ...

Advantages and disadvantages of Integrated Economic Statistics

Analysis of variance, Thomas Economic Forecasting, Inc. and Harmon Economet...

Thomas Economic Forecasting, Inc. and Harmon Econometrics have the same mean error in forecasting the stock market over the last ten years. However, the standard deviation for Thom

Regression analysis, with the help of regression analysis create a model th...

with the help of regression analysis create a model that best describes the situation. Indicate clearly the effect that each factors given in the attached file and other factors ma

Poisson regression, Poisson regression In case of Poisson regression w...

Poisson regression In case of Poisson regression we use ηi = g(µi) = log(µi) and a variance V ar(Yi) = φµi. The case φ = 1 corresponds to standard Poisson model. Poisson regre

Matlab help, Need help with Matlab assignments.

Need help with Matlab assignments.

Method of moments, Method of moments   is the procedure for estimating the...

Method of moments   is the procedure for estimating the parameters in a model by equating sample moments to the population values. A famous early instance of the use of the proced

Obuchowski and rockette method, Obuchowski and Rockette method  is an alter...

Obuchowski and Rockette method  is an alternative to the Dorfman-Berbaum-Metz technique for analyzing multiple reader receiver operating curve data. Instead of the modelling the ja

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd