Answer d,e and f A researcher interested in explaining the level of foreign reserves for the country of Barbadosestimated the following multiple regression model using yearly data spanning the period 2001 to2016:FR=a+B01L+YEXP+8FDIWhere FR = yearly foreign reserves (So000's), OIL = annual oil prices, EXP = yearly total exports(S000's) and FDI = annual foreign direct investment ($000's). The sample of data was processedusing MINITAB and the following is an extract of the output obtained:PredictorCoefStDevt-ratio p-valueConstant 5491.38 2508.812.18880.0491OIL85.3918.464.6260.0006EXP-377.08112.190.0057FDI-396.99160.66-2.471s - 2.45R-sq = 96.3%R-sq(adj) - 95.3%Analysis of VarianceSourceDFMSFRegression31991.31663.77??Error12(4.רר6.45Total15a) What is dependent and independent variables?b) Fully write out the regression equationc) Fill in the missing values ***, ***', '?'and *??"d) Hence test whether ß is significant. Give reasons for your answer.e) Perform the F Test making sure to state the null and alternative hypothesis.f) Given an interpretation of the term “R-sq" and comment on its value.

Name: Answer d,e and f A researcher interested in explaining the level of fo
Uploaded: 2024-03-20T06:46:14.000Z
Channel: Bartleby
Description: Answer d,e and f A researcher interested in explaining the level of foreign reserves for the country of Barbadosestimated the following multiple regression model using yearly data spanning the period 2001 to2016:FR=a+B01L+YEXP+8FDIWhere FR = yearly f