5. Following is the result (abstract) of the model estimated for quarterly real GDP of the US for the 80 observations from 2002:Q1-2021:Q4 Variable Coefficient Std. Error t-Statistic Prob.

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5. Following is the result (abstract) of the model estimated for quarterly real GDP of the US for the
80 observations from 2002:Q1 - 2021:Q4
Variable
Coefficient
18.1
3300.8
3373.7
3412.6
3482.6
TREND(2002)
SEAS(1)
SEAS(2)
SEAS(3)
SEAS(4)
Fill in the following table (show steps)
Period Forecast of RGDP
2022:Q1
2022:Q3
Std. Error t-Statistic Prob.
0.46
38.89 0.00
27.84
118.54
0.00
28.14
119.87
28.44
119.96
28.75
121.12
Actual
4855.8
5007.4
0.00
0.00
0.00
Forecast errors
Transcribed Image Text:5. Following is the result (abstract) of the model estimated for quarterly real GDP of the US for the 80 observations from 2002:Q1 - 2021:Q4 Variable Coefficient 18.1 3300.8 3373.7 3412.6 3482.6 TREND(2002) SEAS(1) SEAS(2) SEAS(3) SEAS(4) Fill in the following table (show steps) Period Forecast of RGDP 2022:Q1 2022:Q3 Std. Error t-Statistic Prob. 0.46 38.89 0.00 27.84 118.54 0.00 28.14 119.87 28.44 119.96 28.75 121.12 Actual 4855.8 5007.4 0.00 0.00 0.00 Forecast errors
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