Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
, y r / \\ , \ y , na|2017.pdf X D sample nal.pdf amp;gt;amp;lt; amp;lt;D stauablespdf amp;gt;amp;lt; \ Regression Analysl x /\I EC228.f2012. X...
I am having issues understanding the J test, where J=mF. Can you please explain the solutions to Question 5, parts (e) and (f)?
For part (e) I understand we reject the null because we find X12 from the equation X2m-k. Where M is the number of instruments and K is the number of regressos. But I do not understand how to tell the difference between regressors and instruments. Which 2 variables are instruments are which variable is the regressor?
For part (f) I do not understand why we used 6.63 to test. My table says this is the .01 significant test for 1 degree of freedom, but the stata output says 2 degrees of freedom?
Here is the question, with the handwritten solutions at the end