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Lecture 9 Preview: One-Tailed Tests, Two-Tailed Tests, and Logarithms

Lecture 9 Preview: One-Tailed Tests, Two-Tailed Tests, and Logarithms. A One-Tailed Hypothesis Test: The Downward Sloping Demand Curve. One-Tailed versus Two-Tailed Tests. A Two-Tailed Hypothesis Test: The Budget Theory of Demand. Hypothesis Testing Using Clever Algebraic Manipulations.

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2.5.3

2.5.3. Per Capita Merchandise Import (PCIM). (a) For model specifications in options (Models) I, II and III, Per Capita Merchan- dise Imports a function of world market prices (Y1 0 ), (E), and the instrumental

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Coefficient estimate - PowerPoint PPT Presentation

Lecture 9 Preview: One-Tailed Tests, Two-Tailed Tests, and Logarithms

2.5.3