One of the following steps is not required as a step to test for the null hypothesis: A)compute the standard error of $\hat { \beta }$ ₁. B)test for the errors to be normally distributed. C)compute the t-statistic. D)compute the p-value.

Question

Quizplus · Accepted Answer

Testing for normality of errors is not always required for testing the null hypothesis. The other three steps (computing the standard error, t-statistic, and p-value) are essential for hypothesis testing.

One of the Following Steps Is Not Required as a Step