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Statistical inference in nested linear models that result from linear restrictions on the parameters of encompassing linear models can be considered to result from the conditional distribution under the encompassing model. We extend this reasoning to nested models that result from general...
Persistent link: https://www.econbiz.de/10008584657
We propose a novel Bayesian test under a (noninformative) Jeffreys’ prior speciï¬ca- tion. We check whether the ï¬xed scalar value of the so-called Bayesian Score Statistic (BSS) under the null hypothesis is a plausible realization from its known and standard- ized distribution...
Persistent link: https://www.econbiz.de/10008494042