Hypothesis test based on the approximate normal distribution of the maximum likelihood estimator.
Questions tagged [wald-test]
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Statistical difference per group
I am calculating elasticities per income quintiles. I have 10,000 observations of elasticities calculated for each quintile, so a dataset of 5*10,000.
I would like to test whether the elasticities are stat. different per income-group.
How should I…
Stata_user
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Wald test explanation
Can someone explain to me what a Wald test is please. I have seen it twice today and cannot figure out what it does (other than test for sig difference like a t-test or chi-square). What would you use it for, and what makes it the right test to…