(b) From the data over the period 1995-I to 2014-IV for Malaysia, the following regression results...
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(b) From the data over the period 1995-I to 2014-IV for Malaysia, the following regression results were obtained: GDP = -13.3114 (-1.8079) t - 0.1958û, (t=t) =(-2.2521) = +0.6281 EMP (11.9253) R² = 0.6231 d = 0.0712 R² = 0.1118 d = 1.4767 .. (2.1) (2.2) where EMP = employment rate, GDP = gross domestic product, and, û represents the estimated residuals from regression (2.1). Determine if you suspect the regression (2.1) to be spurious. [Note: 5 percent critical t value is -1.9495] (5 marks) (b) From the data over the period 1995-I to 2014-IV for Malaysia, the following regression results were obtained: GDP = -13.3114 (-1.8079) t - 0.1958û, (t=t) =(-2.2521) = +0.6281 EMP (11.9253) R² = 0.6231 d = 0.0712 R² = 0.1118 d = 1.4767 .. (2.1) (2.2) where EMP = employment rate, GDP = gross domestic product, and, û represents the estimated residuals from regression (2.1). Determine if you suspect the regression (2.1) to be spurious. [Note: 5 percent critical t value is -1.9495] (5 marks)
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Answer rating: 100% (QA)
Ginen GDP t 133114 18079 06281 EMP 119253 Aux 01958 t ut tT 22521 R 06231 d 00712 R 01118 5 cri... View the full answer
Related Book For
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
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