Consider the following models estimated using regression analysis applied to time-series data. What is the long-term effect

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Consider the following models estimated using regression analysis applied to time-series data. What is the long-term effect of a 1-unit increase in x in period t?

a. y_t = 15 + 4x_t + 0.28y_t-1
b. y_t = 15 + 4.8x_t+ 0.14y_t-1
c. y_t = 15 + 4x_t + 0.72y_t-1
d. y_t = 15 + 6.4x_t + 0.28y_t-1

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Statistics For Business And Economics

ISBN: 9781292315034

9th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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Question Posted: Nov 17, 2022 02:06 AM

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Consider the following models estimated using regression analysis applied to time-series data. What is the long-term effect

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Statistics For Business And Economics

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