Parameter Estimation and Evaluation Introduction to Hypothesis Testing Introduction to Hypothesis Testing Example 1(9.1)[Return to Education] Let 0 measure the change in hourly wage given another year of education,holding all other factors fixed.Labor economists are interested in testing whether the return to education,con- trolling other factors,is zero.That is,whether or not 0 equal to zero. Hypothesis Testing Introduction to Statistics and Econometrics July7,2020 4/110Parameter Estimation and Evaluation Hypothesis Testing Introduction to Statistics and Econometrics July 7, 2020 4/110 Introduction to Hypothesis Testing Introduction to Hypothesis Testing Example 1 (9.1) [Return to Education]