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| Your friend is convinced that Chuck Norris is responsible for generating most of the US's economic growth. You have data on the number of

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| Your friend is convinced that Chuck Norris is responsible for generating most of the US's economic growth. You have data on the number of roundhouse kicks performed by Norris in each of the last forty years, and you want to regress yearly US real GDP growth (in percent) on this number to prove your friend wrong. ~ a) Is this data time-series, cross-sectional, or panel data?~ b) Write the regression equation c) The coefficient on roundhouse kicks is .04. Interpret this coefficient.~ d) If the intercept is 30 and Chuck Norris did 1000 roundhouse kicks in 1995, what is yearly GDP growth predicted to be in 1995?~

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