For the investment data given in the following table, which model would you chooseFEM or REM? Why?

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For the investment data given in the following table, which model would you choose€”FEM or REM? Why?

C-1 C-1 F-1 Observation E-1 Observation GE US 1935 1935 209.9 1362.4 53.8 33.1 1170.6 97.8 45.0 77.2 1936 355.3 1807.1 5

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Basic Econometrics

ISBN: 978-0073375779

5th edition

Authors: Damodar N. Gujrati, Dawn C. Porter

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