Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Theoretical part Part 1 Identify a research problem that you are interested in studying (Finance, Economics, or Business related) using the guidelines from Chapter (2).
Theoretical part Part 1 Identify a research problem that you are interested in studying (Finance, Economics, or Business related) using the guidelines from Chapter (2). Find an article that is relevant to your research problem from scholar.google.com and download it (the article should be attached to your submission) Create a research design for the research problem you chose including the 5 main points mentioned in Chapter (3) Part II - In your own words (not copy pasted from slides or Investopedia), explain the following What is a research paper? What is the purpose of research? What are the criteria of good research? What is the purpose of hypothesis testing? The difference between qualitative analysis and quantitative analysis The difference between semi-logarithmic model and log-logarithmic model The difference between time series data, cross sectional data, and panel data Practical part Suppose you want to estimate the effects of Unemployment rate (UN) and Prime rate (PR) on Gross National Products (GNP) of Turkey for the years 2002-2017. (Data is attached) 1. Find the descriptive statistics for all variables. 2. Graph the variables individually and explain the trends (paste the graphs and explain under each graph) 3. Write the regression equation to study the effects of UN and PR on GNP 4. Estimate the regression and Paste the output. a. Write the equation with the estimated coefficients (with numbers estimated by Eviews). b. Interpret the following (First test the hypothesis if required, then explain what does it mean) Required Hypothesis testing Interpretation BO (Constant) B1 Coefficients B2 R-square Adjusted R-square F-statistic Akaike, Schwarz, Hannan-Quinn B A E F UN GNP PR 2002 1051.8 2 3.6 3 2003 1078.8 6.7 3.5 2004 1075.8 4 5 2005 1107.5 6.2 6 2006 1171.1 5.6 5.4 5.9 7 2007 1235 4.9 8 2008 1217.8 9.4 5.6 9 2009 8.5 1202.3 1271 2010 7.2 2011 1332.7 2012 1899.2 6.6 7.6 10.6 6 13 2013 1431.6 6 2014 1480.7 14.9 7.2 1510.3 16.6 2015 2016 7.6 9.2 1492.2 17.5 2017 1525 Sheet1 Sheet2 Sheet3 + alma Kitab statistikleri Theoretical part Part 1 Identify a research problem that you are interested in studying (Finance, Economics, or Business related) using the guidelines from Chapter (2). Find an article that is relevant to your research problem from scholar.google.com and download it (the article should be attached to your submission) Create a research design for the research problem you chose including the 5 main points mentioned in Chapter (3) Part II - In your own words (not copy pasted from slides or Investopedia), explain the following What is a research paper? What is the purpose of research? What are the criteria of good research? What is the purpose of hypothesis testing? The difference between qualitative analysis and quantitative analysis The difference between semi-logarithmic model and log-logarithmic model The difference between time series data, cross sectional data, and panel data Practical part Suppose you want to estimate the effects of Unemployment rate (UN) and Prime rate (PR) on Gross National Products (GNP) of Turkey for the years 2002-2017. (Data is attached) 1. Find the descriptive statistics for all variables. 2. Graph the variables individually and explain the trends (paste the graphs and explain under each graph) 3. Write the regression equation to study the effects of UN and PR on GNP 4. Estimate the regression and Paste the output. a. Write the equation with the estimated coefficients (with numbers estimated by Eviews). b. Interpret the following (First test the hypothesis if required, then explain what does it mean) Required Hypothesis testing Interpretation BO (Constant) B1 Coefficients B2 R-square Adjusted R-square F-statistic Akaike, Schwarz, Hannan-Quinn B A E F UN GNP PR 2002 1051.8 2 3.6 3 2003 1078.8 6.7 3.5 2004 1075.8 4 5 2005 1107.5 6.2 6 2006 1171.1 5.6 5.4 5.9 7 2007 1235 4.9 8 2008 1217.8 9.4 5.6 9 2009 8.5 1202.3 1271 2010 7.2 2011 1332.7 2012 1899.2 6.6 7.6 10.6 6 13 2013 1431.6 6 2014 1480.7 14.9 7.2 1510.3 16.6 2015 2016 7.6 9.2 1492.2 17.5 2017 1525 Sheet1 Sheet2 Sheet3 + alma Kitab statistikleri
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started