Economics - Econometrics
Suppose we have estimated the slope of a supply curve and wish to test whether the supply is flat, that is. whether its slope is 0. What is the null hypothesis? Should we use a one tailed test? What is the alternative hypothesis?
© BrainMass Inc. brainmass.com October 9, 2019, 9:59 pm ad1c9bdddfhttps://brainmass.com/economics/demand-supply/economics-econometrics-204197
Solution Preview
Since what we want to test is if the supply curve is flat, that is, if its slope m is equal ...
Solution Summary
The expert examines econometrics in economics. A complete, Neat and Step-by-step Solution is provided.
$2.19