Question
Consider the following model: Y = 1 + 2 X 2 t + 3 X 3 t + 4 Yt -1 . Using a sample
Consider the following model:Y=1+2X2t+3X3t+4Yt-1. Using a sample of 36 months, we estimate this model and obtain the following results:
yt=1.33+17.6x2t+0.94x3t+0.39Yt-1
(0.02) (2.3) (3.35) (0.015)
R2=0.89 DW=2.86 (Durbin Watson statistic)
- IfX3were to increase by 1-unit in timet, by how much would we expectYto change in period (t+1)?A.6.86
- B.0.37
- C.0.94
- D.17.6
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Elementary Statisitcs
Authors: Barry Monk
2nd edition
1259345297, 978-0077836351, 77836359, 978-1259295911, 1259295915, 978-1259292484, 1259292487, 978-1259345296
