Using the formula for the mean lag given in Eq. (17.4.9), verify the mean lag of 10.959

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Using the formula for the mean lag given in Eq. (17.4.9), verify the mean lag of 10.959 quarters reported in the illustration of  the following table.

Coeff. Coeff. Coeff. It| 3.249 3.783 |t| It| 3.943 3.712 3.511 3.338 3.191 7.870 5.634 0.048 mg 0.054 mg 0.059 4.305 0.0

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Basic Econometrics

ISBN: 978-0073375779

5th edition

Authors: Damodar N. Gujrati, Dawn C. Porter

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