Hi,
How can I interpret these results from the Ramsey RESET test?
How can I know at which level can I reject the null hypothesis?
1. Prob > F = 0.0000
2. Prob > chi2 = 0.0171
3. Prob > chi2 = 0.9243
I know the Ramsey RESET test detects if potential variables have been omitted in the model.
The null hypothesis states that the model is correctly specified.
Thanks!!
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