The attached data contains observations from a country on the quantity of money in millions (Y); income, in millions (X₁); and the local authority interest rate (X₂). Estimate the model below and write a report on your findings. What can be concluded from the Durbin-Watson statistic for the fitted regression? YtBo + B₁X₁t+B₂X2 + YY₁-1 +&t Click the icon to view the data. Click the icon to view a table of Durbin-Watson critical values. B. Ho: p=0 H₁: p=0 OC. Ho: p=0 H₁: p<0 Determine the critical values, d and du, of the Durbin-Watson Test at a = 0.05. = du = (Round to two decimal places as needed.)

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Y              X_1        X_2
17,042    14,744    0.0805
17,279    14,516    0.0828
17,225    14,815    0.0781
16,813    14,900    0.0738
16,602    14,829    0.0798
17,603    14,900    0.0914
17,517    14,980    0.0957
18,555    15,085    0.0922
17,364    14,973    0.091
18,547    15,359    0.0813
18,436    15,362    0.0754
18,864    15,540    0.0718
17,567    15,404    0.0753
18,553    15,649    0.0666
19,258    15,950    0.0582
19,646    15,957    0.0482
18,310    16,031    0.048
20,097    16,295    0.0513
20,055    16,151    0.0762
22,052    16,803    0.0791
23,786    17,528    0.1009
21,886    17,301    0.0919
23,033    17,503    0.1173
25,097    17,455    0.1411
23,819    16,620    0.1566
24,432    17,779    0.1333
25,664    18,040    0.1313
24,098    17,827    0.1263

The attached data contains observations from a country on the quantity of money in millions (Y); income, in millions (X₁); and the
local authority interest rate (X₂). Estimate the model below and write a report on your findings. What can be concluded from
the Durbin-Watson statistic for the fitted regression?
Yt = Bo + B₁X₁t + B₂X2 + YY₁-1 + &
Click the icon to view the data.
Click the icon to view a table of Durbin-Watson critical values.
B. Ho: p=0
H₁: p#0
C. Ho: p=0
H₁: p<0
Determine the critical values, d and du, of the Durbin-Watson Test at x = 0.05.
d₁ =
du =
(Round to two decimal places as needed.)
Transcribed Image Text:The attached data contains observations from a country on the quantity of money in millions (Y); income, in millions (X₁); and the local authority interest rate (X₂). Estimate the model below and write a report on your findings. What can be concluded from the Durbin-Watson statistic for the fitted regression? Yt = Bo + B₁X₁t + B₂X2 + YY₁-1 + & Click the icon to view the data. Click the icon to view a table of Durbin-Watson critical values. B. Ho: p=0 H₁: p#0 C. Ho: p=0 H₁: p<0 Determine the critical values, d and du, of the Durbin-Watson Test at x = 0.05. d₁ = du = (Round to two decimal places as needed.)
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