Hypothesis testing Flashcards
1
Q
F test
A
Tests the overall significance of the model
2
Q
T test
A
Tests the significance of a specific independent variable
3
Q
If p-value < 5% (given significance) we REJECT/ ACCEPT H0
A
Reject H0
4
Q
If test statistic value < Critical value we REJECT/ ACCEPT H0
A
Accept
5
Q
If test statistic value > Critical value we REJECT/ ACCEPT H0
A
REJECT
6
Q
A
