The residual sums of squares were 2251 and 1846


Linear and logarithmic Zarembka-scaled regressions of expenditure on food at home on total household expenditure were fitted using the CES data set in Section 5.2. The residual sums of squares were 225.1 and 184.6, respectively. The number of observations was 868, the household reporting no expenditure on food at home being dropped. Perform a Box-Cox test and state your conclusion.

Request for Solution File

Ask an Expert for Answer!!
Econometrics: The residual sums of squares were 2251 and 1846
Reference No:- TGS01516804

Expected delivery within 24 Hours