Test of significance approach in hypothesis testing


Assignment task: Hypothesis Testing

Q1) Present the differences between the confidence interval approach and the test of significance approach in hypothesis testing. 

Q2) Give examples of when you would a) employ the confidence interval approach and b) an example of when you would employ the significance approach.

Q3) Describe why you chose when you would approach an analysis using the confidence interval approach and when you would approach an analysis using the hypothesis testing approach.

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Econometrics: Test of significance approach in hypothesis testing
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