Question is in the photo attached. 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+BOIL+YEXP+8FDIWhere FR = yearly foreign reserves (S000'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-ratiop-valueConstant5491.382508.812.18880.0491OIL85.3918.464.6260.0006ЕXP-377.08112.190.0057FDI-396.99160.66-2.471**s = 2.45R-sq96.3%R-sq (adj)= 95.3%Analysis of VarianceSourceDFMSFRegression1991.31663.77???Error1277.46.45Total15a) 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 altemative hypothesis.f) Given an interpretation of the term "R-sg" and comment on its value.

Name: Question is in the photo attached. A researcher interested in explaini
Uploaded: 2024-03-20T07:07:37.000Z
Channel: Bartleby
Description: Question is in the photo attached. 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+BOIL+YEXP+8FDIW