Here are two regressions, one using annual data for 19801989, the other for 1970 1989 Make an educated guess about which is which and explain your reasoning where C consumption spending, Y gross domestic product, P Dow Jones Industrial Average, and the t values are in brackets C 134 292 0 671Y 0 04...

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Here are two regressions, one using annual data for 19801989, the other for 1970 1989. Make an

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Here are two regressions, one using annual data for 1980–1989, the other for 1970–

1989. Make an educated guess about which is which and explain your reasoning. image text in transcribed

where C = consumption spending, Y = gross domestic product, P = Dow Jones Industrial Average, and the t values are in brackets.

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Essential Statistics Regression And Econometrics

ISBN: 9780123822215

1st Edition

Authors: Gary Smith

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Question Posted: Mar 16, 2024 12:01 PM

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Here are two regressions, one using annual data for 19801989, the other for 1970 1989. Make an

Question:

C=-134.292 +0.671Y+0.045P, SEE = 24.2 [2.1] [21.1] [1.0] C = -100.073 +0.649Y+0.076P, SEE= 19.7 [9.1] [101.0] [4.7]

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Essential Statistics Regression And Econometrics

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