Suppose I have $n=100$ observations of ordinal data and get threshold coefficients $b_1, \dots, b_3$ and probit slope $b_4$. I want to test the hypothesis $H_{0}: \frac{b_{3}}{b_{4}} = \frac{1}{2}$ vs. $H_a: \frac{b_{3}}{b_{4}} \neq \frac{1}{2}$. So I want to count the proportion of times we fail to reject the null hypothesis. To do this, would we just keep sampling 100 observations similar to the previous ones and return the proportion of p-values greater than $0.05$?
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