Dependent Variable: SP_IN DEX Method: Least Squares Date: 11/04/21 Time: 22:47 Sample: 1990 1996 Included observations: 7 Variable Coefficient Std. Error t-Statis tic Prob. CPI 11.62442 1.707973 6.805973 0.0010 C -1211.520 246.6688 -4.911527 0.0044 R-squared Adjus ted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Mean dependent var S.D. dependent var 0.902575 464.3886 0.883089 112.3728 38.42272 Akaike info criterion 10.37013 7381.527 Schwarz criterion 10.35468 -34.29546 Hannan-Quinn criter. 10.17912 46.32127 Durbin-Watson stat 1.201108 Prob(F-s tatistic) 0.001043 B1=-1211.520 B=11.62442 SPt = -1211.20 + 11.62442 CPIT + ut wwww
Dependent Variable: SP_IN DEX Method: Least Squares Date: 11/04/21 Time: 22:47 Sample: 1990 1996 Included observations: 7 Variable Coefficient Std. Error t-Statis tic Prob. CPI 11.62442 1.707973 6.805973 0.0010 C -1211.520 246.6688 -4.911527 0.0044 R-squared Adjus ted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Mean dependent var S.D. dependent var 0.902575 464.3886 0.883089 112.3728 38.42272 Akaike info criterion 10.37013 7381.527 Schwarz criterion 10.35468 -34.29546 Hannan-Quinn criter. 10.17912 46.32127 Durbin-Watson stat 1.201108 Prob(F-s tatistic) 0.001043 B1=-1211.520 B=11.62442 SPt = -1211.20 + 11.62442 CPIT + ut wwww
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
This is for exercises.
a. Interpret the data.

Transcribed Image Text:Dependent Variable: SP_IN DEX
Method: Least Squares
Date: 11/04/21 Time: 22:47
Sample: 1990 1996
Included observations: 7
Variable
Coefficient
Std. Error
t-Statis tic
Prob.
CPI
11.62442
1.707973
6.805973
0.0010
C
-1211.520
246.6688
-4.911527
0.0044
R-squared
Adjus ted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
0.902575
Mean dependent var
S.D. dependent var
464.3886
0.883089
112.3728
38.42272 Akaike info criterion
10.37013
7381.527
Schwarz criterion
10.35468
34.29546
Hannan-Quinn criter.
10.17912
46.32127
Durbin-Watsonstat
1.201108
Prob(F-s tatistic)
0.001043
B=-1211.520
B= 11.62442
%3D
SPt = -1211.20 + 11.62442 CPIt + ut
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