Summary for Ho: B:=0 Unless otherwise stated. the alternative is assumed to be two-sided o If we reject the null, we typical statistically significant at the a %o level" u say X: ls y Xi is statistically insignificant at the a oo v o If we fail to reject the null, we typically say level Economics 20- Prof anderson 14Economics 20 - Prof. Anderson 14 Summary for H0 : bj = 0 Unless otherwise stated, the alternative is assumed to be two-sided If we reject the null, we typically say “xj is statistically significant at the a % level” If we fail to reject the null, we typically say “xj is statistically insignificant at the a % level