(THIS ASSIGNMENT HAS TO BE HAND DONE ON PAPER SHOWING ALL W
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(THIS ASSIGNMENT HAS TO BE HAND DONE ON PAPER SHOWING ALL WORK, AND TAKE A PICTURE OR SCAN AND UPLOAD. PROFESSOR DOES NOT ACCEPT NON HAND DONE WORK. THANK YOU) A set of regression results for this problem are available in this Module Your job is to provide a statistical and economic interpretation of the results focusing on: Tests for significance of the parameters (t-tests). pp. 185-187Amount of variation in explained by the equation (adjusted R-squared), pp. 194-195Analysis of Variances (F-test) for significance of entire equation, pp. 195-196Evidence of multi-collinearity (inconsistent F and t tests or incorrect economic signs with a significant t tests), p.197Autocorrelation (Durbin-Watson statistic), p. 199 Tables for the various tests can be found on google.
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