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A Bootstrap Approach to Evaluating the Power of the Houck’s Test for Asymmetry

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  • Henry de-Graft Acquah

Abstract

The power of the conventional Houck’s model of asymmetry is examined via parametric bootstrap simulation. The results of the bootstrap simulations indicate that the Houck’s model has low power in rejecting the null of symmetric adjustment. The power of the test depends on the bootstrap sample size, level of asymmetry and the amount of noise in the data generating process used in an application. With a small bootstrap sample and large noise level, the Houck’s model display low power in rejecting the null hypothesis of symmetry.

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  • Henry de-Graft Acquah, 2013. "A Bootstrap Approach to Evaluating the Power of the Houck’s Test for Asymmetry," Journal of Social and Development Sciences, AMH International, vol. 4(2), pages 69-73.
    • Handle: RePEc:rnd:arjsds:v:4:y:2013:i:2:p:69-73
    DOI: 10.22610/jsds.v4i2.737
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