Use the following regression results to answer the four questions below. Dependent Variable:Q QObservations: 32R 2 R2:
Question:
Use the following regression results to answer the four questions below.
Dependent Variable:Q
QObservations: 32R
2
R2: 0.7547F
F-ratio: 92.31p
p-ratio on F: 0.0001
VariableParameter EstimateStandard Errort-ratiop-valueL
3
L3-0.00160.0005-3.200.0032L
2
L20.40000.09504.210.0002
Question1
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Which of the following equations is derived correctly?
Select one:
a.MP=0.0048L
2
+0.8000L
MP=0.0048L2+0.8000L
b.AP=0.0032L
2
+0.8000L
AP=0.0032L2+0.8000L
c.Q=0.0016L
3
+0.4000L
2
+0.0005L+0.7547
Q=0.0016L3+0.4000L2+0.0005L+0.7547
d.AP=0.000533L
2
0.1333L
AP=0.000533L20.1333L
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Question2
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The coefficient estimates above are statistically significant at the 10% level.
Select one:
True
False
Question3
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AP
AP
Select one:
a.0.0032L+0.4
0.0032L+0.4
L=125
L=125
b.0.0096L+0.8
0.0096L+0.8
L=83.33
L=83.33
c.0.0032L
2
+0.2L
0.0032L2+0.2L
L=62.5
L=62.5
d.0.0016L
2
+0.4L
0.0016L2+0.4L
L=250
L=250
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