I ran my regression
reg ln_trade contig comlang comcol rta intl ln_dist
Thereafter I ran teh OVTEST to check for model specification errors.
the result I got was:
Ramsey Reset test using powers of teh fitted values of ln_trade
Ho : model has no omitted variables[INDENT=2]F(3, 19571) = 58.61[/INDENT][INDENT=3]Prob > F = 0.000[/INDENT]
While my P-value is less than the minimum threshold of 0.05, I am not sure how to interprest the overall results. Can you please help me interpret this.
Thank you so much.
AIshwaya
0 Response to OVTEST interpretation
Post a Comment