Would you reestimate Equation (5.22) dropping the intercept? Why or why not? Y = -0.2594+20.5880 T t=(-0.2572)

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Would you reestimate Equation (5.22) dropping the intercept? Why or why not?

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Essentials Of Econometrics

ISBN: 9781071850398

5th Edition

Authors: Damodar N. Gujarati

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Question Posted: Mar 03, 2023 11:09 PM

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Would you reestimate Equation (5.22) dropping the intercept? Why or why not? Y = -0.2594+20.5880 T t=(-0.2572)

Question:

Y = -0.2594+20.5880 T t=(-0.2572) (4.3996) X, r² = 0.6594 2.2 (5.22)

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Computations will show that the raw r 2 is 0169 The one in Equati...View the full answer

Essentials Of Econometrics

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