Test statistics | (P-value) |
---|
Breusch–Godfrey serial correlation LM test | (0.2853) |
Breusch–Godfrey test heteroscedasticity | (0.3723) |
Jarque–Bera normality test | (0.2593) |
 |
- The fitted model satisfactorily pass all the residual diagnostic test. Thus, the model is suitable for policy direction