Thank you for this, sir. From what I understood, we were testing the individual coefficients; however, may I ask if the same Wald Test can be used to test if coefficients sum to 1, or do we need to do them individually and just add them in the end?
Hi Justin, thanks for the video! Do you have some idea on how to test if the sum of the coefficients is bigger than 1 for example? Or if the sum of coefficients is positive or negative? I'm trying to figure that out, but I haven't got much success
Thank you for this, sir. From what I understood, we were testing the individual coefficients; however, may I ask if the same Wald Test can be used to test if coefficients sum to 1, or do we need to do them individually and just add them in the end?
Hi Justin, thanks for the video! Do you have some idea on how to test if the sum of the coefficients is bigger than 1 for example? Or if the sum of coefficients is positive or negative? I'm trying to figure that out, but I haven't got much success