Question: Please answer the question below based on pic I have attached. Table 4 contains data on personal savings and personal income [in billions of dollars:

Please answer the question below based on pic I have attached.

Please answer the question below based on pic I have attached. Table4 contains data on personal savings and personal income [in billions of

Table 4 contains data on personal savings and personal income [in billions of dollars: for the time period from 1935 to 195-1. Construct a Iliumm'gir variable, for the WWII years. Let X220 for peacetime and 32:1 for wartime. The war l{ears are from 1941 to 1945. Fita multiple linear regression model using personal income and the war years dummyI variable as predictor variables for personal savings. What is the DW statistic? Year Personal S Personal Income 1935 2 57 1936 4 62 1937 4 74 1938 61 1939 3 70 1940 4 71 1941 11 92 1942 28 121 1943 33 134 1944 37 163 1945 30 169 1946 15 166 1947 7 187 1948 13 179 1949 9 186 1950 13 254 1951 18 254 1952 19 235 1953 20 245 1954 19 249

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