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The p-value from the Honda test is 0.03. The estimator withtime effects is being tested. Select the correct answer.
The p-value from the Honda test is 0.03. The estimator with
time effects is being tested. Select the correct answer.
The random effectsestimator is more suitable than the fixed effects estimator bacause the randomeffects estimator is inconsistent under the null hypothesis, which is rejectedusing the 5% significance level.
random effects
estimator is more suitable
than the fixed effects estimator bacause the random
effects estimator is inconsistent under the null hypothesis, which is rejected
using the 5% significance level.
The pooled OLS estimatoris suitable because there are no time effects under the null hypothesis, whichis not rejected using the 5% significance level.
is suitable
because there are no time effects under the null hypothesis, which
is not rejected using the 5% significance level.
The estimator with time effects is suitable because thereare no time effects under the null hypothesis, which is rejected at the 5%significance level.
because there
are no time effects under the null hypothesis, which is rejected at the 5%
significance level.
The pooled OLS estimator is suitable because the pooled OLS estimator is consistent under the nullhypothesis, which is not rejected using the 5% significance level.
because the pooled OLS estimator is consistent under the null
hypothesis, which is not rejected using the 5% significance level.
The fixed effects estimator is more suitable than the radomeffects estimator bacause the fixed effects estimator is inconsistent under thenull hypothesis, which is rejected using the 5% significance level.
than the radom
effects estimator bacause the fixed effects estimator is inconsistent under the
null hypothesis, which is rejected using the 5% significance level.
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