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Note: Please show the screenshot of your results from STATA. Predict the value of Y at the mean values of the Xs. Mean value: X
Note: Please show the screenshot of your results from STATA.
- Predict the value of Y at the mean values of the Xs.
Mean value: X1 ____________________________________
X2 ____________________________________
Predicted value of Yhat, show your solution.
_________________________________________________________________________
_________________________________________________________________________
1. Consider the Philippine exports of electronic products during the period 1975-1997. Two important variables that influence the movement of exports are the world price of electronic products and the exchange rate. Table 1 presents the data on electronic product exports in million dollars (XEL), the price index of electronic product exports (PXEL) and the exchange rate in pesos over dollars (EXCH). Table 1. Exports of Electronic Products, Philippines: 1975-1997 (Source: NEDA, Philippines) Year XEL PXEL EXCH (Pesos/$) 1975 47 82.93609 7.248 1976 85 63.33046 7.44 1977 124 104.2122 7.403 1978 253 137.8539 7.366 1979 412 134.6634 7.378 1980 671 93.88996 7.511 1981 838 103.3146 7.9 1982 1000 98.95569 8.54 1983 1053 88.1937 11.113 1984 1329 84.41388 16.699 1985 1056 100 18.607 1986 919 92.91928 20.386 1987 1119 95.84317 20.568 1988 1476 95.56468 21.095 1989 1751 92.87092 21.737 1990 1964 92.26607 24.311 1991 2293 104.1151 27.4786 1992 2753 111.2433 25.5125 1993 3551 122.0173 27.1198 1994 4984 147.1532 26.4172 1995 7413 191.7184 25.7144 1996 9990 244.2 26.2157 1997 13052 279.7806 29.47 1. Consider the Philippine exports of electronic products during the period 1975-1997. Two important variables that influence the movement of exports are the world price of electronic products and the exchange rate. Table 1 presents the data on electronic product exports in million dollars (XEL), the price index of electronic product exports (PXEL) and the exchange rate in pesos over dollars (EXCH). Table 1. Exports of Electronic Products, Philippines: 1975-1997 (Source: NEDA, Philippines) Year XEL PXEL EXCH (Pesos/$) 1975 47 82.93609 7.248 1976 85 63.33046 7.44 1977 124 104.2122 7.403 1978 253 137.8539 7.366 1979 412 134.6634 7.378 1980 671 93.88996 7.511 1981 838 103.3146 7.9 1982 1000 98.95569 8.54 1983 1053 88.1937 11.113 1984 1329 84.41388 16.699 1985 1056 100 18.607 1986 919 92.91928 20.386 1987 1119 95.84317 20.568 1988 1476 95.56468 21.095 1989 1751 92.87092 21.737 1990 1964 92.26607 24.311 1991 2293 104.1151 27.4786 1992 2753 111.2433 25.5125 1993 3551 122.0173 27.1198 1994 4984 147.1532 26.4172 1995 7413 191.7184 25.7144 1996 9990 244.2 26.2157 1997 13052 279.7806 29.47Step by Step Solution
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