According to the following Dicky-Fuller tests, would you conclude that the series tb3, is stationary at the 10% significance level? dfuller tb3 Dickey-Fuller test for unit root Number of obs 348 2(t) Interpolated Dickey-Fuller Test Statistic 1 Critical 5% Critical 10% Critical Value Value Value -2.738 -3.452 -2.876 -2.570 MacKinnon approximate p-value for 2(t) = 0.0677 dfuller tb3, drift Dickey-Fuller test for unit root Test Statistic 2(t) -2.738 p-value for 2(t) 0.0033 Number of obs 348 2(t) has t-distribution 1% Critical Value 5% Critical Value 10% Critical Value -2.337 -1.649 -1.284 Select one: a. Both tables suggest that the series tb3 is stationary b. Both tables suggest that the series tb3 is non-stationary C. The table at the top suggest that the series tb3 is not-stationary, but the other suggest is stationary Od. The table at the top suggest that the series tb3 is stationary, but the other suggest is not-stationary
According to the following Dicky-Fuller tests, would you conclude that the series tb3, is stationary at the 10% significance level? dfuller tb3 Dickey-Fuller test for unit root Number of obs 348 2(t) Interpolated Dickey-Fuller Test Statistic 1 Critical 5% Critical 10% Critical Value Value Value -2.738 -3.452 -2.876 -2.570 MacKinnon approximate p-value for 2(t) = 0.0677 dfuller tb3, drift Dickey-Fuller test for unit root Test Statistic 2(t) -2.738 p-value for 2(t) 0.0033 Number of obs 348 2(t) has t-distribution 1% Critical Value 5% Critical Value 10% Critical Value -2.337 -1.649 -1.284 Select one: a. Both tables suggest that the series tb3 is stationary b. Both tables suggest that the series tb3 is non-stationary C. The table at the top suggest that the series tb3 is not-stationary, but the other suggest is stationary Od. The table at the top suggest that the series tb3 is stationary, but the other suggest is not-stationary
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:According to the following Dicky-Fuller tests, would you conclude that the series tb3, is stationary at the 10% significance level?
dfuller tb3
Dickey-Fuller test for unit root
z(t)
Number of obs =
348
Interpolated Dickey-Fuller
Test
Statistic
1% Critical
Value
5% Critical
10% Critical
Value
Value
-2.738
-3.452
-2.876
-2.570
MacKinnon approximate p-value for 2(t) = 0.0677
dfuller tb3, drift
Dickey-Fuller test for unit root
z(t)
Test
Statistic
-2.738
p-value for 2(t) = 0.0033
Number of obs
348
2(t) has t-distribution
1% Critical
Value
5% Critical
Value
10% Critical
Value
-2.337
-1.649
-1.284
Select one:
Both tables suggest that the series tb3 is stationary
b.
Both tables suggest that the series tb3 is non-stationary
C.
The table at the top suggest that the series tb3 is not-stationary, but the other suggest is stationary
d. The table at the top suggest that the series tb3 is stationary, but the other suggest is not-stationary
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