Show how to use Hausman Test B₁ B₂ under Ho Consistent, Efficient Consistent, less Efficient under H₁ Inconsistent Consistent

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.2: Norms And Distance Functions
Problem 33EQ
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Hausman Test
Show how to use
B₁
B₂
under Ho
Consistent,
Efficient
Consistent,
less Efficient
under H₁
Inconsistent
Consistent
where B₁, B₂ are estimators of the parameter vector
Transcribed Image Text:Hausman Test Show how to use B₁ B₂ under Ho Consistent, Efficient Consistent, less Efficient under H₁ Inconsistent Consistent where B₁, B₂ are estimators of the parameter vector
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