Which of the following tests can be used to test hypotheses with multiple restrictions under a Tobit model?
A)White test
B)Wald test
C)Dickey Fuller test
D)Durbin Watson test

Question

Quizplus · Accepted Answer

The Wald test can be used to test hypotheses with multiple restrictions under a Tobit model. The White test is used for testing heteroskedasticity, the Dickey Fuller test is used for testing unit roots in time series data, and the Durbin Watson test is used for autocorrelation in the residuals of a regression model.

Which of the Following Tests Can Be Used to Test