FHETForest Hills Educational Trust (Jamaica Plain, MA)
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Summary diagnostic statistics are reported in Table 1, where [F.sub.j](k,T - l) denotes an F-test against the altenative hypothesis j for: fifth-order serial correlation (Far : see Godfrey, 1978), fourth-order autoregressive conditional heteroskedasticity (Farch: see Engle, 1982), heteroskedasticity (Fhet:see White, 1980);thereset test (Fre: see Ramsey, 1969); and a chi-square test for normality ([[[chi].sub.nd].sup.2](2): see Doomik and Hansen, 1993).