The following results are an autoregression for US Exports to Mexico where the dependent variable is the lagged value of US Exports. Based on these regression results, what is your forecast of US Exports to Mexico for March 2005?
The following results are an autoregression for US Exports to Mexico where the dependent variable is the lagged value of US Exports. Based on these regression results, what is your forecast of US Exports to Mexico for March 2005?
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2) The following results are an autoregression for US Exports to Mexico where the dependent variable is the lagged value of US Exports.
Based on these regression results, what is your forecast of US Exports to Mexico for March 2005?

Transcribed Image Text:2) The following results are an autoregression for US Exports to Mexico where the
dependent variable is the lagged value of US Exports.
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R
Square
Standard Error
Observations
0.558
0.311
0.296
1299
48
ANOVA
Significance
df
SS
35017027
MS
F
Regression
Residual
Total
3501
27
21
3.827E-05
46
47
77583215
112600242
1686592
Standard
Coefficients
6300
Error
1778
t Stat
3.54
Upper
95%
9879
P-value
Intercept
Lagged Exports
Lower 95%
2721
0.315
0.0009192
0.563
0.124
4.56
3.827E-05
0.812
Based on these regression results, what is your forecast of US Exports to Mexico for
March 20057
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