Null Hypothesis: D(UR) has a unit root Exogenous: Constant Lag Length: 0 (Automatic - based on SIC, maxlag=7) Augmented Dickey-Fuller test statistic Test critical values: 1% level 5% level 10% level *MacKinnon (1996) one-sided p-values. Augmented Dickey-Fuller Test Equation Dependent Variable: D(UR,2) Method: Least Squares Date: 10/30/22 Time: 12:09 Sample (adjusted): 1993 2021 Included observations: 29 after adjustments Variable D(UR(-1)) с R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic) Coefficient Std. Error -0.968343 0.169238 -4.865252 t-Statistic -5.721785 -3.679322 -2.967767 -2.622989 t-Statistic -5.721785 4.736333 -1.027219 Mean dependent var S.D. dependent var 0.548033 0.531293 25.37571 Akaike info criterion 17386.01 Schwarz criterion -133.8930 Hannan-Quinn criter. 32.73883 Durbin-Watson stat 0.000004 Prob.* 0.0001 Prob. 0.0000 0.3134 -2.130192 37.06529 9.371934 9.466230 9.401466 2.102246
Null Hypothesis: D(UR) has a unit root Exogenous: Constant Lag Length: 0 (Automatic - based on SIC, maxlag=7) Augmented Dickey-Fuller test statistic Test critical values: 1% level 5% level 10% level *MacKinnon (1996) one-sided p-values. Augmented Dickey-Fuller Test Equation Dependent Variable: D(UR,2) Method: Least Squares Date: 10/30/22 Time: 12:09 Sample (adjusted): 1993 2021 Included observations: 29 after adjustments Variable D(UR(-1)) с R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic) Coefficient Std. Error -0.968343 0.169238 -4.865252 t-Statistic -5.721785 -3.679322 -2.967767 -2.622989 t-Statistic -5.721785 4.736333 -1.027219 Mean dependent var S.D. dependent var 0.548033 0.531293 25.37571 Akaike info criterion 17386.01 Schwarz criterion -133.8930 Hannan-Quinn criter. 32.73883 Durbin-Watson stat 0.000004 Prob.* 0.0001 Prob. 0.0000 0.3134 -2.130192 37.06529 9.371934 9.466230 9.401466 2.102246
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
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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Question
Interpret the generated results at 5% level of significance.
Expert Solution
Step 1
From the first table, we see that the p-value of Augmented Dickey Fuller test is 0.0001 which is less than 0.05 level of significance.
So we reject null hypothesis hence D(UR) do not have a unit root.
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