Question: Explain this stata result based on the question 2. Please collect data on China's automobile production, capital investment, labor input to estimate China's automobile (linear)

Explain this stata result based on the question

Explain this stata result based on the question 2. Please collect data

2. Please collect data on China's automobile production, capital investment, labor input to estimate China's automobile (linear) production function. Capital (K) Labor Year (100 (L) Output (Q) millions (10,000) yuan 2014 10098.7 350.5 23,731,600 2015 11527.5 360 24,503,326 2016 12036.9 615.1 28,118,794 2017 13099.9 630 29,015,434 2018 13558.4 471.1 27,809,196 2019 13355.1 403.9 25,720,665 2020 11699 468.8 25,225,242 2021 11266.2 394.9 26,082,220 2022 12685.7 400.93 27,020,615 2023 15146.7 400.95 30,160,966 Source SS of MS Number of obs 19 F(2, 7) 17. 89 Model 3.1633e+ 13 2 1.5816e+13 Prob > F 0.0018 Residual 6.1903 e+ 12 7 8. 8433e+11 R- squared 0.8363 Adj R-squared = 0.7896 Total 3.7823e+13 9 4. 2026e+12 Root MSE 9.4e+05 OutputQ |Coefficient Std. err. t P>It| [95% conf. interval] Capi ta 1K100millionsyuan 1054.577 224.281 4.70 0.082 524. 2362 1584.917 Labor L10808 8650.854 3227.625 2.68 0.032 1018.734 16282.97 cons 972 2478 2892478 3.36 0.012 288 2855 1.66e+07

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