Examlex
Which of the following tests can be used to test hypotheses with multiple restrictions under a Tobit model?
Stare Decisis
A common law doctrine under which judges are obligated to follow the precedents established in prior decisions within their jurisdictions.
Precedents
Past legal decisions that serve as a guide for courts in making future determinations on similar issues or cases.
Stare Decisis
A legal doctrine that requires courts to follow the principles established in previous judicial decisions unless they are demonstrably erroneous.
Stare Decisis
A legal principle ensuring that judges are bound to follow precedents set by previous decisions in similar cases.
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