Assume that assumptions MLR 1-4 hold and assumptions MLR 5-6 are violated.  What are the consequences of ML

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Assume that assumptions MLR 1-4 hold and assumptions MLR 5-6 are violated. 

What are the consequences of MLR 5-6 being violated?

Consider the following Stata regression output (IDTQ1)
Source
S
df
MS
Number of obs
526
F(3, 522)
76.87
Model
2194.1116
3 731.370532
Prob > F
0.0000
Residual
4966.30269
522 9.51398984
R-squared
0.3064
Adj R-squared
0.3024
Total
7160.41429
525 13.6388844
Root MSE
3.0845
wage
Coef.
Std. Err.
t
P>|t|
[95% Conf. Interval]
educ
.5989651
.0512835
11.68
0.000
.4982176
.6997126
exper
.0223395
.0120568
1.85
0.064
-.0013464
.0460254
tenure
.1692687
.0216446
7.82
0.000
.1267474
.2117899
_cons
-2.872735
.7289643
-3.94
0.000
-4.304799
-1.440671
II
II
Transcribed Image Text:Consider the following Stata regression output (IDTQ1) Source S df MS Number of obs 526 F(3, 522) 76.87 Model 2194.1116 3 731.370532 Prob > F 0.0000 Residual 4966.30269 522 9.51398984 R-squared 0.3064 Adj R-squared 0.3024 Total 7160.41429 525 13.6388844 Root MSE 3.0845 wage Coef. Std. Err. t P>|t| [95% Conf. Interval] educ .5989651 .0512835 11.68 0.000 .4982176 .6997126 exper .0223395 .0120568 1.85 0.064 -.0013464 .0460254 tenure .1692687 .0216446 7.82 0.000 .1267474 .2117899 _cons -2.872735 .7289643 -3.94 0.000 -4.304799 -1.440671 II II
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