Refer to the VAR regression results given in the following table. From the various F tests reported
Question:
Transcribed Image Text:
Dependent variable: x (percentage change in real price of oil) Significance level Variable Coefficient Standard error Lag 0.7054 0.8305E-5 0.1409 х 2 -0.3351 0.1500 2.7013 2.4344 2.8048 0.3027E-1 -1.3525 0.6189 У 2 3.4371 0.1645 У 3.4566 0.2239 2 -4.8703 2.7500 0.8304E-1 0.169 6E –1 Constant -0.998 3E-2 0.5589 R? = 0.2982; Q(21) = 8.2618 (P = 0.99 39) Tests for joint significance, dependent variable = x Variable F-statistic Significance level 0.4283E-4 0.2654 12.5536 х 1.3646 1.5693 0.2188 Dependent variable: y (percentage change in Texas nonagricultural employment) Significance level Variable Lag Coefficient Standard error 0.2228E–1 -0.1883E-2 0.8759E-2 0.9322E-2 0.1430E-1 0.8407 х х 0.1678 0.1512 0.1742 0.6462 0.3554E-3 0.423 4E-1 0.7807 0.2655 0.1342 -0.1715 0.1708 0.3205 Constant -0.1602E-2 0.1053E-1 0.1351 R = 0.6316; Q(21) = 21.5900 (P = 0.4234) Tests for joint significance, dependent variable = y Variable F-statistic Significance level 3.6283 0.3424E-4 0.828 7E-6 х 19.1440 1.1684 У 0.3197 Dependent variable: z (percentage change in nonagricultural employment in rest of United States) Standard error Variable Coefficient Significance level Lag -0.8330E-2 0.6849E-2 0.2299 1 х 0.3635E-2 0.7289E-2 0.6202 х 0.3849 0.1312 0.5170E-2 0.1182 0.1362 0.1336 -0.4805 0.1828E-2 0.7226 0.3004E-5 2 -0.1366E–1 0.9190 Constant 0.8241E-3 0.5701E-2 -0.2387E-2 Ř? = 0.6503; Q(21) = 15.6182 (P = 0.7907) Tests for joint significance, dependent variable = z Significance level Variable F-statistic 0.7396 0.4827 х 8.2714 0.8360E-3 У 27.9609 0.1000E-7
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Although the model did not specifically test for causality we can get some idea about it from the ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Refer to the data for Sandys Socks in M5-11. Suppose that Sandys expects to sell 4,000 socks during the month of September and that each sock sells for $2.75. Using this information along with the...
-
Refer to the information in P3.4. The following regression results were obtained using these data: Required A. What is the estimated amount of overhead if 2,200 direct labor hours are worked next...
-
Refer to the child mortality example discussed in Chapter 8 (Example 8.1). The example there involved the regression of the child mortality (CM) rate on per capita GNP (PGNP) and female literacy rate...
-
For the attractive-nuisance doctrine to apply, the possessor need not be aware that children are likely to trespass on his land or have reason to know that the condition poses an unreasonable risk of...
-
The president of a company predicts that sales will increase after she assumes office and that the number of monthly sales will follow the curve given by N = 3000(0.2)0.6t, where t represents the...
-
Use the mortality table below to answer parts a-f. a. The life expectancy column gives the number of years a person of that age is expected to live. What is the life expectancy for a 67-year-old...
-
Two streams, each containing \(0.5 \mathrm{lb} / \mathrm{hr}\) steam at \(550 \mathrm{psia}\), are mixed as shown in Figure 10.29: (a) Compute the heat loss to an environmental reservoir at...
-
Mr. Agirich of Aggie Farms is considering the purchase of 100 acres of prime ranch land that is adjacent the ranch he now owns. Mr. Agirich can operate the additional 100 acres with present labor,...
-
3) Determine the magnitude of the moment of the force F about a) the x-axis, b) the y-axis, and c) the z-axes. 3 ft 4 ft 2 ft C B F= {41+ 12j3k}lb
-
Tom Zopf owns and manages a computer repair service, which had the following trial balance on December 31, 2014 (the end of its fiscal year). Summarized transactions for January 2015 were as follows....
-
Continuing with Exercise 20.20, can you guess why the authors chose to express the three variables in the model in percentage change form rather than using the levels of these variables?
-
Whenever the lagged dependent variable appears as an explanatory variable, the R 2 is usually much higher than when it is not included. What are the reasons for this observation?
-
Target Corporation prepares its financial statements according to U.S. GAAP. Targets financial statements and disclosure notes for the year ended February 1, 2020, are available in Connect. This...
-
Question 2 Two workers (A and B) work on a production line. They each have two actions: exert effort, E, or shirk, S. It costs each worker c (0, 1) dollars to provide effort and shirking costs them...
-
1. Explain the following concepts. a) marginal frequency b) cell probability c) expected frequency d) critical value of x JC
-
You have a project with the following information: The total initial investment capital is 1,600 million VND for equipment. The installation of equipment and preparation for production will be...
-
A production function of Q = af (L) (L=Labour) market wage rate = w price for a product is fixed at 1. (f'>0, f" 0. aL da 1888 T, Optimal profit as TT, get a and 29
-
4. After graduating from the University of Michigan, you have decided to teach a computer science course of your own. You create for your students some projects to complete, and now you want to write...
-
Solve for the unknown quantity. What percent of 60 is 12?
-
What are some of the possible sources of information about a company that could be used for determining the companys competitive stance?
-
Anna, age 65, who lives with her unmarried son, Mario, received $7,000, which was used for her support during the year. The sources of support were as follows: Social Security benefits $1,500 Mario...
-
Joe and Joan divorce during the current year. Joan receives custody of their three children. Joe agrees to pay $5,000 of child support for each child. a. Assuming no written agreement, who will...
-
For the following taxpayers, indicate which tax form should be used, the applicable filing status, the number of personal and dependency exemptions available, and the number of children who qualify...
-
Mary was so excited about the holiday shopping season that she could hardly wait for the Black Friday sales. She got up early and spent all day at her favorite store, Mega Deals, shopping. Mary was...
-
This can be done as a group or individually. If done in a group, all group members must submit a copy of this assignment to receive a grade. If you were to open a business, what type of business...
-
6.(5pts) A total charge Q is distributed uniformly over a ring of radius R. We found an expression for the value of the electric field on the axis of the ring, E(x), a distance x from the center of...
Study smarter with the SolutionInn App