People say that the price of oil depends heavily on the US dollar strength. Suppose you use
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Question:
- People say that the price of oil depends heavily on the US dollar strength. Suppose you use two variables: oilPrice for the price of oil, and USDX for the US dollar index strength. Please answer the following questions.
Suppose you are to construct a linear model using oilPrice and USDX, what would your model look like?
What would be your command in R to get the estimates?
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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