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2021 Variable GHSMYR constant -0.007 (0.003) [-2.357] St-1 0.953*** (0.02) [47.581] Multiple R-Squared 0.903 Adjusted R-Squared 0.903 F-Statistic 2263.99*** Notes: Figures in () are standard
2021 Variable GHSMYR constant -0.007
(0.003)
[-2.357]
St-1 0.953***
(0.02)
[47.581]
Multiple R-Squared 0.903 Adjusted R-Squared 0.903 F-Statistic 2263.99***
2021 | |
Variable | GHSMYR |
constant | -0.007 (0.003) [-2.357] |
St-1 | 0.953*** (0.02) [47.581] |
Multiple R-Squared | 0.903 |
Adjusted R-Squared | 0.903 |
F-Statistic | 2263.99*** |
Notes: Figures in () are standard errors. Figures in [] are statistics. *** and *** denote 1% and 5% significant levels respectively.
Regression equation for GHSMYR
St = -0.007 + 0.953 St-1
Explain the result ?
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