Q & A

 

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Question 1:

Dear Alex:

Are there any statistical packages that let you use instrumental variables in multiple regression, and if so, can you explain how to do it?

Thanks much,

Ben

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Question 2:

Dear Alex:

I’ve been asked to calculate the F-statistic to compare the difference across means.  Can you give me a quick explanation of how to do this?  I looked it up in a book and I can’t find F-stats.  Maybe they’re called something else?  I also found an FTEST in the Excel formulas, but it seems that I can only compare an equal number of data points, and I need to compare different numbers.

Any help you can provide would be very much appreciated.  Thank you!

Cynthia

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