{
"test_name": "RESET Test (Python - statsmodels)",
"dataset": "longley",
"formula": "GNP.deflator ~ GNP + Unemployed + Armed Forces + Population + Year + Employed",
"statistic": 0.3562644896515251,
"p_value": 0.7122858370130003,
"passed": true,
"power": [
2,
3
],
"type": "fitted",
"description": "Ramsey's RESET test for functional form misspecification. Tests whether powers of fitted values, regressors, or principal component significantly improve model fit."
}