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2 Consider the following data on the rate of inflation () and on private investment spending (Y) for the 2011-2020 period Table 1: Private
2 Consider the following data on the rate of inflation () and on private investment spending (Y) for the 2011-2020 period Table 1: Private Investment Spending and Inflation, 2001-2010 Private Investment Spending (Y) Inflation (X) 5.4 6.2 6.9 Year 2011 45.5 2012 43.8 2013 46.9 2014 48.2 2015 46.2 2016 45.2 2017 44.2 2018 46.3 2019 47.2 2020 49.9 5994456965 427287150 4.2 4.8 5.7 6.1 9.5 6.8 5.7 (a) Compute the OLS estimators and for the linear regression model (b) Calculate the R-squared, adjusted R-squared, standard errors, t-ratios, F- statistics. (c) What is the fitted equation? Carefully interpret your results. (d) Interpret the adjusted R and F-statistic obtained in the model.
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