PCT-specific Methodology (errata)

[From Rick Marken (2006.12.15.1810)]

I have to learn to watch my D's and C's.

I said:

So I would re-write your version of PCT hypothesis testing as follows:

PCT:
Null Hypothesis: There is a relationship between the IV (Disturbance) and the HDV (Hypothetical Controlled Variable).
Alternative Hypothesis: There is a no relationship between the IV and the HDV.

A low correlation coefficient (statistically not significant) in which the IV and HCV would be uncorrelated (r = 0.0) would lead to rejection of the null hypothesis.

Of course, wherever I wrote HDV it should be HCV.

Sorry;-(

Best

Rick

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