Question: Consider the following model: Y = 1 + 2 X 2 t + 3 X 3 t + 4 Yt -1 . Using a sample

Consider the following model:Y=1+2X2t+3X3t+4Yt-1. Using a sample of 36 months, we estimate this model and obtain the following results:

yt=1.33+17.6x2t+0.94x3t+0.39Yt-1

(0.02) (2.3) (3.35) (0.015)

R2=0.89 DW=2.86 (Durbin Watson statistic)

  • IfX3were to increase by 1-unit in timet, by how much would we expectYto change in period (t+1)?A.6.86
  • B.0.37
  • C.0.94
  • D.17.6

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

Briefly discuss the cost-volume-profit analysis model and how it is used. Use the attached PDF. APA Citation. 300 words. REVISED PAGES 3 Chapter Three 1 Fundamentals of Cost-Volume-Prot Analysis...

Q:

Login Required user id password Login Forgotten your password? ECONOMICS 2123B - ECONOMETRICS II LECTURE 5: SPECIFICATION OF REGRESSION VARIABLES George Orlov Department of Economics Western...

Q:

Problem 1 Consider the following model Yi = 1 + 2Di + ui where Y = annual salary of a college professor X = years of teaching experience D = dummy for gender Consider three ways of defining the dummy...

Q:

The initial visual impact of a scatter diagram depends on the scales used on the x and y axes. Consider the following data. x 1 2 3 4 5 6 y 1 4 6 3 6 7 (a) Make a scatter diagram using the same scale...

Q:

there is a file on excel how i can send for you? to complete the question.. Suppose you are interested in predicting wages based on various features of the individuals in the excel file Wage.xls The...

Q:

https://drive.google.com/file/d/1y7cNqJOS1yGNcc9EGepq-_BTgh6RDoVq/view?usp=sharing The link contain about some information need to solve the question. Suppose you are interested in predicting wages...

Q:

Accept you are going across the street in Belfast one evening, and you are hit by a taxi. An spectator thinks the taxi was blue. There are only two taxi associations in Belfast: ? Blue Taxi Company,...

Q:

1 (MATH 4300-01) Due date: Friday, Sept. 18, 2015 1. Name (Print): Consider the following data. x 1 2 3 4 5 6 7 y 100 25 11 6 4 3 2 Apply the whole modeling process: 1) Consider a modeling assumption...

Q:

2. A discrete random variable X has the following pmf: m 1 2 3 Mar) .92 260-9) (19)? A random sample of size 'n. = 20 produced the following observations: 1, 1, 2, 3, 1, 2, 1, 3, 2, 2, 2, 1, 3, 1, 3,...

Q:

only for 1,4,6 please 1. Using the limit definition of the slope of a tangent, determine the slope of the tangent to each curve at the given point. a. f(x) = 3x- + 4x - 5, (2, 15) c. f(x) = Vx + 3,...

Q:

A massless rigid rod of length L has a ball of mass m attached to one end (Figure). The other end is pivoted in such a way that the ball will move in a vertical circle. First, assume that there is no...

Q:

Meng, Inc. purchases 1,000 shares of its own previously issued $5 par common stock for $12,000. Assuming the shares are held in the treasury, what effect does this transaction have on? (a) Net...

Q:

He is looking to you for advice on how to succeed in a capitalist system. He would be well advised to Group of answer choices get a credit card, even if it has a very low credit limit , and use it to...

Q:

Luxury Cruiseline offers nightly dinner cruises departing from several cities on the East Coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for...