Household consumption expenditure( y ), disposable income( x, ) and personal wealth( x, ) are modeled as follows The regression analysis results are as follows LS // Dependent Variable is Y Date:21/11/08 Time: 23:18 Sample: 1 10 Included observations: 10 Variable Coefficient Std. Error T-Statistic Prob. 24.4070 6.9973 0.0101 - 0.3401 0.4785 0.5002 0.0823 0.0458 0.1152 R-squared Mean dependent var 111.1256 Adjusted R-squared S.D. dependent var 31.4289 S.E. of regression Akaiks info criterion 4.1338 Sum squared esid, 342.5486 Schwartz criterion 4.2246 Log likelihood - 31.8585 F-statistic Durbin-Watson stat 2.4382 Prob(F-statistic) 0.0001 Answer the following questions: (1) Please fill in the missing result in the line according to the data in the table above (note the calculation steps given). (2) Does the model have multicollinearity? Explain. (3) Does the model have autocorrelation? Explain. At the significance level of 0.05, the significance points of dl and du are as follows k=1 k-2 du dl n 0.824 1.320 0.629 | 1.699 10 0.879 1.320 0.697 11 0.927 1.324 0.658 1.604 dl du 1.641
Household consumption expenditure( y ), disposable income( x, ) and personal wealth( x, ) are modeled as follows The regression analysis results are as follows LS // Dependent Variable is Y Date:21/11/08 Time: 23:18 Sample: 1 10 Included observations: 10 Variable Coefficient Std. Error T-Statistic Prob. 24.4070 6.9973 0.0101 - 0.3401 0.4785 0.5002 0.0823 0.0458 0.1152 R-squared Mean dependent var 111.1256 Adjusted R-squared S.D. dependent var 31.4289 S.E. of regression Akaiks info criterion 4.1338 Sum squared esid, 342.5486 Schwartz criterion 4.2246 Log likelihood - 31.8585 F-statistic Durbin-Watson stat 2.4382 Prob(F-statistic) 0.0001 Answer the following questions: (1) Please fill in the missing result in the line according to the data in the table above (note the calculation steps given). (2) Does the model have multicollinearity? Explain. (3) Does the model have autocorrelation? Explain. At the significance level of 0.05, the significance points of dl and du are as follows k=1 k-2 du dl n 0.824 1.320 0.629 | 1.699 10 0.879 1.320 0.697 11 0.927 1.324 0.658 1.604 dl du 1.641
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Transcribed Image Text:Housechold consumption expenditure( y ), disposable income( *; ) and personal wealth( x, ) are
modeled as follows
The regression analysis results are as follows
LS // Dependent Variable is Y
Date:21/11/08 Time: 23:18
Sample: 1
10
Included observations: 10
Variable
Coefficient
Std. Error
T-Statistic
Prob.
C
24.4070
6.9973
0.0101
X,
- 0.3401
0.4785
0.5002
0.0823
0.0458
0.1152
R-squared
Mean dependent var
111.1256
Adjusted R-squared
S.E. of regression
Sum squared tesid,
S.D. dependent var
31.4289
Akaiks info criterion
4.1338
342.5486
Schwartz criterion
4.2246
Log likelihood
- 31.8585
F-statistie
Durbin-Watson stat
2.4382
Prob(F-statistic)
0.0001
Answer the following questions:
(1) Please fill in the missing result in the line according to the data in the table above (note the
calculation steps given).
(2) Does the model have multicollinearity? Explain.
(3) Does the model have autocorrelation? Explain.
At the significance level of 0.05, the significance points of dl and du are as follows
k=1
k-2
IP
1.699
dl
du
du
0.824 1.320 0.629
10 0.879| 1.320 0.697 1.641
11 0.927 1.324 0.658 1.604
9.
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