d- Write down the least squares line by using the information obtained from above table. e- Explain what each coefficient of the least squares line indicates .

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d- Write down the least squares line by using the information obtained from above table.


e- Explain what each coefficient of the least squares line indicates .

We have estimated the impact of gross domestic product (GDP), energy consumption (ENERGY) and population
(POP) on CO2 emiisions (CO2) in Cyprus. The results are as follows;
Dependent Variable: CO2
Method: Least Squares
Date: 04/20/17 Time: 09:46
Sample: 1990 2013
Included observations: 24
Variable
Coefficient
Std. Error
t-Statistic
Prob.
C
2.002813
6.458672
0.310097
0.7597
GDP
0.022114
0.011872
1.862670
0.0773
ENERGY
-0.734352
0.328388
-2.236233
0.0369
РOP
0.203927
0.293686
0.694371
0.4954
Mean dependent var
S.D. dependent var
Akaike info criterion
R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
0.825079
3.625982
0.798841
0.108170
0.048515
-3.062883
Schwarz criterion
Hannan-Quinn criter.
0.047074
-2.866541
40.75460
-3.010793
31.44583
Durbin-Watson stat
1.410912
Prob(F-statistic)
0.000000
Transcribed Image Text:We have estimated the impact of gross domestic product (GDP), energy consumption (ENERGY) and population (POP) on CO2 emiisions (CO2) in Cyprus. The results are as follows; Dependent Variable: CO2 Method: Least Squares Date: 04/20/17 Time: 09:46 Sample: 1990 2013 Included observations: 24 Variable Coefficient Std. Error t-Statistic Prob. C 2.002813 6.458672 0.310097 0.7597 GDP 0.022114 0.011872 1.862670 0.0773 ENERGY -0.734352 0.328388 -2.236233 0.0369 РOP 0.203927 0.293686 0.694371 0.4954 Mean dependent var S.D. dependent var Akaike info criterion R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic 0.825079 3.625982 0.798841 0.108170 0.048515 -3.062883 Schwarz criterion Hannan-Quinn criter. 0.047074 -2.866541 40.75460 -3.010793 31.44583 Durbin-Watson stat 1.410912 Prob(F-statistic) 0.000000
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