Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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***

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 ?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Statistics

Authors: Robert R. Johnson, Patricia J. Kuby

11th Edition

978-053873350, 9781133169321, 538733500, 1133169325, 978-0538733502

Students also viewed these Mathematics questions