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Here is a question from Introductory Econometrics that is Explain what "size distortion" means th

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Here is a question from Introductory Econometrics that is Explain what "size distortion" means that in the following: " Standard hypothesis testing procedures applied to this estimator results in a size distortion of 25%. Interpret the so-called 5% significance level for this test accordingly. Please explain the size distortion. I just have four hours left.

 

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Oct 14, 2020

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