Question: Dependent Variable: ZT Method: Least Squares Date: 11/24/21 Time: 20:50 Sample: 2000M02 2021M12 Included observations: 263 Variable Coefficient Std. Error t-Statistic Prob. C 6.811677 0.523479

Dependent Variable: ZT

Method: Least Squares

Date: 11/24/21 Time: 20:50

Sample: 2000M02 2021M12

Included observations: 263

Variable

Coefficient

Std. Error

t-Statistic

Prob.

C

6.811677

0.523479

13.01233

0.0000

XT

0.078605

0.005401

14.55202

0.0000

R-squared

0.998048

Mean dependent var

7.312176

Adjusted R-squared

0.004248

S.D. dependent var

6.413541

S.E. of regression

6.399905

Akaike info criterion

6.558019

Sum squared resid

10690.24

Schwarz criterion

6.585184

Log likelihood

-860.3795

Hannan-Quinn criter.

6.568936

F-statistic

2.117612

Durbin-Watson stat

0.023952

Prob(F-statistic)

0.146815

The error correction model between zt and xt

Question 6 options:

does not exist since it is a spurious regression

is (zt -0.07xt(-1))

is (zt - 0.07xt)

is (zt-xt(-1))

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