How should one order (sequence) the following tests?
- Stationarity test
- Johansen cointegration test
- Normality/Histogram test
- Autocorrelation test
- Heteroskedasticity test
- Multicollinearity test
Or, does the sequence not matter?
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I would say that the beauty of econometrics is that it is NO cookbook. – tagoma Apr 27 '13 at 11:08