If You Perform a Chow Test to Compare Two Regressions

question 17

Multiple Choice

If you perform a Chow test to compare two regressions and reject the null hypothesis,what should you conclude?

• A)there is not sufficient evidence that the regressions are significantly different
• B)the regression equations are statistically different
• C)the regression equations are equivalent
• D)it depends on how you set up the null hypothesis

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Definitions:

Impression Management

The process by which individuals attempt to control the perceptions others have of them, often to appear more favorable or competent.

Systematic Attempt

A deliberate and organized effort to accomplish a specific task or solve a particular problem, following a planned methodology.

Flattering Others

The act of giving excessive or insincere praise to gain favor or advantage.

Perceptual Distortions

Misinterpretations or misconceptions of a real situation due to misapplication of sensory impressions.