Dear,
First of all, I really thank you everyone here sparing their efforts to help the person like me.
- Fixed-effects model is proven valid by F-test. (The null hypothesis is rejected by the F-test)
- Random-effects model is not proven by LM test. (The null hypothesis is not rejected by the Lagrange multiplier method)
- Fixed-effects model is chosen by Hausman test. (The null hypothesis is rejected by Hausman test)
In this case,
Can I select Fixed-effects model?
Thanks in advance for your help!
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