Table 5 Diagnostic tests
From: The nexus between the economic growth and unemployment in Jordan
Test | Null Hypothesis | Value | P-Value |
|---|---|---|---|
Jarque–Bera test | Normally distributed residuals | 1.13 | 0.57 |
Breusch-Godfrey LM test | No serial correlation | 1.61 | 0.23 |
Breusch-Pagan-Godfrey test | Homoscedasticity | 14.35 | 0.11 |
Ramsey RESET | Stable structure | 3.43 | 0.18 |