3.7 ILLUSTRATIVE EXAMPLES (Class Practice 3)EXAMPLE 3.1: CONSUMPTION-INCOME RELATIONSHIP IN THE UNITED STATES, 1982–1996- Y = personal consumption expenditure (PCE) and X = gross domestic product(GDP)- "Y;=-184.0780 + 0.7064X;(3.7.1)• var (^B,) =2140.1707se (^B) = 46.2619• var (^B,) = 0.000061se (^B2) = 0.007827• 2 = 0.998406^o2 = 411.4913• Interpret the results... ... ...

We have to interpret the results of regression

Answered: 3.7 ILLUSTRATIVE EXAMPLES (Class…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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