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  3. ECS3706 Assignment 2 (ECS3706)

ECS3706 Assignment 2 (ECS3706)

Johns Hopkins University

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ECS3706 Assignment 2

  • Exam (elaborations)

    ECS3706 Assignment 2

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    5
    August 2021
    2021/2022
  • Question 1 a) It is possible to get unbiased estimators when Xt and ut are correlated. b) Obtaining a high p-value is evidence that the coefficients are significantly different from zero. This statement is incorrect as P-values higher than 0.05 (> 0.05) are not statistically significant and indicate strong evidence for the null hypothesis. In other words, we reject the alternative hypothesis and maintain the null hypothesis. The statistical significance of a result does not prove t...
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