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The regression output of LEXRATE on LCP is shown below. Can you infer from this regression result? Explain Dependent Variable: LEXRATE Method: Least Squares Date:

The regression output of LEXRATE on LCP is shown below. Can you infer from this regression result? Explain

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Dependent Variable: LEXRATE Method: Least Squares Date: 09/26/21 Time: 18:45 Sample: 2010M02 2021M08 Included observations: 139 Variable Coefficient Std. Error t-Statistic Prob. C 0.633026 0.126097 5.020138 0.0000 LCP 0.279748 0.028394 9.852291 0.0000 @TREND -0.002908 0.000122 -23.85410 0.0000 R-squared 0.815747 Mean dependent var 1.685675 Adjusted R-squared 0.813037 S.D. dependent var 0.131308 S.E. of regression 0.056777 Akaike info criterion -2.878036 Sum squared resid 0.438408 Schwarz criterion -2.814702 Log likelihood 203.0235 Hannan-Quinn criter. -2.852299 F-statistic 301.0574 Durbin-Watson stat 0.355408 Prob(F-statistic) 0.000000

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