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What is a p-value?

Updated: 4/28/2022

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∙ 11y ago

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P value is a probability of something happening by chance it denotes the contribution of chance in any hyphothesis testing the value of p lies between 0 to 1 the standered value of p is .05 if any hyphothesis test gives the p value less then this that means that particular x is impacting my project otherwise not.

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Who to find d-statistic for durbin-Watson test in the gretl program?

run each regressors as dependent variable and leave constant as independent variable. in the next window, click down Tests and choose Durbin Watson. This should give you the DW coefficient and its corresponding pvalue. reject null if less than significance level, accept if more than.

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