In: Economics
The p-value method for hypothesis testing relies on the fact that
if the null hypothesis is false, then it is very unlikely to observe a p-value smaller than the chosen significance level. |
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if the null hypothesis is true, then it is very unlikely to observe a p-value larger than the chosen significance level. |
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if the null hypothesis is true, then it is very unlikely to observe a p-value smaller than the chosen significance level. |
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if the alternative hypothesis is true, then it is very unlikely to observe a p-value smaller than the chosen significance level. |
The coefficient of determination ( R2) is
the ratio of the unexplained variation in y to the total variation in y. |
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the ratio of the explained variation in y to the total variation in y. |
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the ratio of the explained variation in y to the unexplained variation in y. |
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the ratio of the unexplained variation in y to the explained variation in y. |
A marginal effect indicates
the predicted value of the dependent variable, holding all else constant. |
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the effect that a one-unit change in the independent variable is expected to have on the dependent variable, holding all else constant. |
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the effect that a one-unit change in the dependent variable is expected to have on the independent variable, holding all else constant. |
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the predicted value of the dependent variable when the independent variable equals 0, holding all else constant. |
The null hypothesis is false - This implies p-value < level of significance
The null hypothesis is true - This implies p-value > level of significance
Hence, the correct answer is:
If the null hypothesis is true, then it is very unlikely to observe a p-value smaller than the chosen significance level
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The coefficient of determination ( R2) is the ratio of the explained variation in y to the total variation in y
Hence, the correct answer is the ratio of the explained variation in y to the total variation in y
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A marginal effect indicates the effect that a one-unit change in the independent variable is expected to have on the dependent variable, holding all else constant.
Hence, the correct answer is - the effect that a one-unit change in the independent variable is expected to have on the dependent variable, holding all else constant