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. The file USmacrodata.xlsx contains U.S. quarterly GNP, Inflation rates, and Unemployment rates. Use this file to perform the following exercises: a. Develop a regression
. The file USmacrodata.xlsx contains U.S. quarterly GNP, Inflation rates, and Unemployment rates. Use this file to perform the following exercises:"
a. Develop a regression to predict quarterly GNP growth from the last four quarters of growth. Check for non-normality of residuals, heteroscedasticity, autocorrelation, and multicollinearity.
b. Develop a regression to predict quarterly inflation rate from the last four quarters of inflation. Check for non-normality of residuals, heteroscedasticity, autocorrelation, and multicollinearity.
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