Based on the results in Exercise 13.32, answer the following questions in which a lagged dependent variable

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Based on the results in Exercise 13.32, answer the following questions in which a lagged dependent variable is added to the above model.

a. Write the model in which a lagged dependent variable is added.

b. Compute the estimated value for serial correlation.

c. Calculate the Durbin’s h statistic with the estimated standard deviation of the estimated coefficient for the lagged dependent variable is 0.0024.

d. Justify your finding in part c.

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Statistics For Business And Economics

ISBN: 9781292436845

10th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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Question Posted: Oct 31, 2024 08:01 AM

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Based on the results in Exercise 13.32, answer the following questions in which a lagged dependent variable

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Statistics For Business And Economics

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