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help please Table 7.11 Covariance table for economic growth and incumbent-party presidential vote, 18802004 Vote Vote 35.4804 18.6846 The mean of X = 0.703, and

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Table 7.11 Covariance table for economic growth and incumbent-party presidential vote, 18802004 Vote Vote 35.4804 18.6846 The mean of X = 0.703, and the mean on = 51.947. Note: The value at Vote/Vote is the variance of Y, and Growth/Growth is the variance of X. We are testing the theory that economic growth impacts support for the incumbent candidate. We can take these variances and covariance to estimate a model. What would our model look like? Remember the equations for nding beta and alpha. : nl 12109-502 n-l a =YB'X. O Y = 0.527 + 51.577X O Y = 51.503 + 0.625)(

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