Compute Ramsey’s regression specification error test.
Syntax
eq_name.reset(n, options)
You must provide the number of powers of fitted terms n to include in the test regression.
Options
prompt | Force the dialog to appear from within a program. |
p | Print the test result. |
Examples
equation eq1.ls lwage c edu race gender
eq1.reset(2)
carries out the RESET test by including the square and the cube of the fitted values in the test equation.
Cross-references
See
“Ramsey's RESET Test” for a discussion of the RESET test.