Scenario 1: You are given raw data (a ratio variable) and ...
The computations can be found in the Excel spreadsheet “Example Problems with Theil’s T Statistic” under the worksheet “Theil Example 1B”. The result is a Theil’s T Statistic value of 0.463162658. Analysis: Computing values for Theil’s T statistic is a relatively simple process of plugging values into a formula. ................
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- scenario 1 you are given raw data a ratio variable and