Use the data from the Retail Sales file to estimate the regression model yt = 0 +

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Use the data from the Retail Sales file to estimate the regression model
yt = β0 + β1xt + γyt-1 + εt
and test the null hypothesis that g = 0, where
yt = retail sales per household
xt = disposable income per household
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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