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


Table 4 contains data on personal savings and personal income [in billions of dollarsi for the time period from 1935 to 1954. Construct a dummyI variable, for the WWII Ifears. Let X220 for peacetime and 32:1 for wartime. The war years are from 1941 to 1945. Fit a multiple linear regression model using personal income and the war years dummy variable as predictor variables for personal savings. Based on the DW statistics, is there autooorrelation? ONO 0 Not sure 0 YES 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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