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Our hypothesis test procedure - PowerPoint PPT Presentation

What is MPC?

What is MPC?. Hypothesis testing. Is the MPC 0.8?. Typically we tell intro macro students that MPC is 0.8 Our OLS estimate is 0.756 Does this mean that 0.8 is wrong? In this sample: yes! But in the population: not clear. Statistical Inference. Same issue as with gender example

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420 views • 26 slides

What is MPC?

What is MPC? . Hypothesis testing. Is the MPC 0.8?. Typically we tell intro macro students that MPC is 0.8 Our OLS estimate is 0.756 Does this mean that 0.8 is wrong? In this sample: yes! But in the population: not clear. Statistical Inference. Same issue as with gender example

★ ★ ★ ★ ★

447 views • 26 slides

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Our hypothesis test procedure - PowerPoint PPT Presentation

What is MPC?

What is MPC?