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The Power of the Test Is A tt Or A t2t ^ { 2 }

Question 14

Short Answer

The power of the test is a. dependent on whether you calculate a tt or a t2t ^ { 2 } statistic.
b. one minus the probability of committing a type I error.
c. a subjective view taken by the econometrician dependent on the situation.
d. one minus the probability of committing a type II error.

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