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Given the following two models, log C = ß1 + BzlogGD; + û¡ and logG = B1 + BzlogGl; + û use t-statistic and adjusted R-square to choose which one is i) the correct model ii) the one that includes government debt or, iii) the one that excludes government debt Government Debt, GD; Personal Income, I¡ Personal Consumption, C 4966 800 750 4878 1000 695 3538 1200 970 5453 1400 925 7290 1600 1140 9091 1800 1175 1612 2000 1260 1478 2200 1480 1607 2400 1595 2016 2600 1570 1843 2800 1517

Given the following two models, log C = ß1 + BzlogGD; + û¡ and logG = B1 + BzlogGl; + û use t-statistic and adjusted R-square to choose which one is i) the correct model ii) the one that includes government debt or, iii) the one that excludes government debt Government Debt, GD; Personal Income, I¡ Personal Consumption, C 4966 800 750 4878 1000 695 3538 1200 970 5453 1400 925 7290 1600 1140 9091 1800 1175 1612 2000 1260 1478 2200 1480 1607 2400 1595 2016 2600 1570 1843 2800 1517

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Given the following two models, log C = B1 + BzlogGD; + û¡ and logC; = B1 + BzlogGI; + ûj use t-statistic and adjusted R-square to choose which one is i) the correct model ii) the one that includes government debt or, iii) the one that excludes government debt Government Debt, GD, Personal Income, I¡ Personal Consumption, C 4966 800 750 4878 1000 695 3538 1200 970 5453 1400 925 7290 1600 1140 9091 1800 1175 1612 2000 1260 1478 2200 1480 1607 2400 1595 2016 2600 1570 1843 2800 1517 This is the only information available
Transcribed Image Text:Given the following two models, log C = B1 + BzlogGD; + û¡ and logC; = B1 + BzlogGI; + ûj use t-statistic and adjusted R-square to choose which one is i) the correct model ii) the one that includes government debt or, iii) the one that excludes government debt Government Debt, GD, Personal Income, I¡ Personal Consumption, C 4966 800 750 4878 1000 695 3538 1200 970 5453 1400 925 7290 1600 1140 9091 1800 1175 1612 2000 1260 1478 2200 1480 1607 2400 1595 2016 2600 1570 1843 2800 1517 This is the only information available
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