Here are two regressions, one using annual data for 19801989, the other for 1970 1989. Make an
Question:
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.
where C = consumption spending, Y = gross domestic product, P = Dow Jones Industrial Average, and the t values are in brackets.
Transcribed Image Text:
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]
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Essential Statistics Regression And Econometrics
ISBN: 9780123822215
1st Edition
Authors: Gary Smith
Question Posted:
Students also viewed these Business questions
-
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
-
The idea of using the difference between the market value of the firm and accounting book values as an indicator of market power and/or valuable intangible assets stems from the pioneering work of...
-
Create a MATLAB function called 'LU_hw3.m' that takes the following input: a nxn regular matrix A and returns the following outputs: the nxn lower-triangular matrix L of the LU decomposition of A the...
-
What tensions may arise if a shareholder-centric model is imposed on a stakeholder-focused society?
-
You are considering the purchase of real estate that will provide perpetual income that should average $50,000 per year. How much will you pay for the property if you believe its market risk is the...
-
A shaft of light passes through a prism with refracting angle and refractive index n. Let be the diffraction angle of the shaft. Demonstrate that if the shaft of light passes through the prism...
-
The company is committed to ethical conduct and has no tolerance for fraud and unethical behavior. There are some concerns about abuses in your department. Do you know anything about the concerns I...
-
Beeler Furniture Company deposits all cash receipts each Wednesday and Friday in a night depository, after banking hours. The data required to reconcile the bank statement as of June 30 have been...
-
Based on the above case study, "Want-2-Work", present each of the following: 1) ER diagram 2) Relational model 3) Rules or assumptions made 4) Between 3 or 5 queries using the relational model...
-
Fill in the missing numbers in this computer output: a. Is the estimated coefficient of X 1 statistically significant at the 5 percent level? b. What is the predicted value of Y when X 1 = 4,000 and...
-
A study [6] of the housing market in Mission Viejo, California, looked at 15 matched pairs of houses that were sold or rented in 2005. Table 10.4 shows the sale price for each house, the size of the...
-
During 2010 Nebula Corporation made sales of $4,800 (assume all on account) and collected cash of $4,900 from customers. Operating expenses totaled $1,100, all paid in cash. At year end, 2010, Nebula...
-
Down Under Boomerang, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2.94 million. The fixed asset will be depreciated straight-line to...
-
Use the company's year-to-year EPS growth rate in 2019 as the constant growth rate, please calculate the company's trailing Price-Earnings (PE) ratio in 2019. Target Corporation (ticker: TGT) Income...
-
What are the recent tax changes related to businesses with income less than $300,000?
-
What steps should John take to transfer his shares to his spouse to have future gains taxed in his spouse's hands, avoid double taxation and avoid attribution of dividends on the shares?
-
Jun. 24 Knowledge Check On June 16, Lawn Butler purchased $4,100 of raw materials on account. On June 24, the company requisitioned $3,300 of direct materials and $320 of indirect materials for...
-
The form of Coulombs law is very similar to that for Newtons law of universal gravitation. What are the differences between these two laws? Compare also gravitational mass and electric charge?
-
A statistical study shows that the fraction of television sets of a certain brand that are still in service after x years is given by f (x) = e-0.15x. (a) What fraction of the sets are still in...
-
Amir, who is single, retired from his job this year. He received a salary of $25,000 for the portion of the year that he worked, tax-exempt interest of $3,000, and dividends from domestic...
-
What amount, if any, must be included in gross income by the following taxpayers? a. Ann received $2,000 from her insurance company when her automobile which cost $3,000 was stolen. b. Barry received...
-
USA Corporation hired Jesse to install a computer system for the company and paid him $8,000 for the work. USA soon realized that there were problems with the system and asked Jesse to refund the...
-
13C[H] NMR of alpha pinene oxide in CDCl3 Add labels from the structure to the spectrum A H G D F, F' E 80 78 76 74 72 70 68 66 64 62 60 58 56 54 52 50 48 46 44 42 40 38 36 34 32 30 28 26 24 22 20 18...
-
Explain the meaning of these terms: a) Risk b) Risk management c) Risk appetite d) Risk capacity Why should risk management policies and procedures be periodically reviewed? How can support for risk...
-
How can evidence-based social welfare programs be tailored to address the diverse needs of vulnerable demographics, ensuring dignified livelihoods and equitable participation in the globalized...
Study smarter with the SolutionInn App