does a higher t-statistic mean a higher significance?
I have to compare two outcomes, the one without white standard errors has a t-statistic in the amount of 27, the one with WSE is in the amount of 8.
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Thanks for your answer. Unfortunately, I still don't know which one I should use. Maybe some words to the data: Panel Data, 48 States during the time period 1970-1986 were observed. http://img8.myimg.de/task10e18ed.jpg http://img8.myimg.de/task10hausmanntestRE2f024.jpg
Hello everyone, This is my task: Run the Hausman test for FE vs. RE, report estimation results (print screen etc.) and analyze them; in particular, which model is favored. The RE is no problem, but when I wanna do it with the FE, this message appears: Test requires equation estimated with random eff...
Hello, I have to work with Eviews for a course in university (for the first time). The first one was not a problem, but the regressiono with white standard errors doesn't work/I can't figure it out after trying it for hours. Run regression for the whole sample: (*) log(gsp) = a + b_1*log(emp) + b_2*...