The data file Britain Sick Leave shows data from Great Britain on the days of sick leave per person (Y), unemployment rate (X1), ratio of benefits to earnings (X2), and the real wage rate (X3) Estimate the model log yt 0 1 log x1t 2 log x2t 3 log x3t t and write a report on your findings Include in your analysis a check on the possibility of autocorrelated errors and, if necessary, a correction for this problem

Question: The data file Britain Sick Leave shows data from Great Britain on the days of sick leave per person (Y), unemployment rate (X1), ratio of

The data file Britain Sick Leave shows data from Great Britain on the days of sick leave per person (Y), unemployment rate (X1), ratio of benefits to earnings (X2), and the real wage rate (X3). Estimate the model
log yt = β0 + β1 log x1t + β2 log x2t + β3 log x3t + εt
and write a report on your findings. Include in your analysis a check on the possibility of autocorrelated errors and, if necessary, a correction for this problem.

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Regression Analysis ylog versus x1log x2log x3log The regression equation is ylog 272 00252 x1log 03... View full answer

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