13.35 The data file Money UK contains observations from the United Kingdom on the quantity of money...

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13.35 The data file Money UK contains observations from the United Kingdom on the quantity of money in millions of pounds (Y); income, in millions of pounds 1X12; and the local authority interest rate 1X22. Estimate the model (Mills 1978)

yt = b0 + b1x1t + b2x2t + gyt-1 + et and write a report on your findings.

What can be concluded from the Durbin-Watson statistic for the fitted regression?

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Essential Mathematics And Statistics For Science

ISBN: 9780470694480

2nd Edition

Authors: Graham Currell, Dr. Antony Dowman

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