Let's the Variable Y indicates private investment (in million USD), the variable X Indicates GDP (in million USD) and th

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Let's the Variable Y indicates private investment (in million USD), the variable X Indicates GDP (in million USD) and th

Post by answerhappygod »

Let S The Variable Y Indicates Private Investment In Million Usd The Variable X Indicates Gdp In Million Usd And Th 1
Let S The Variable Y Indicates Private Investment In Million Usd The Variable X Indicates Gdp In Million Usd And Th 1 (230.42 KiB) Viewed 8 times
Let's the Variable Y indicates private investment (in million USD), the variable X Indicates GDP (in million USD) and the variable X2 indicates interest rate (in USD). Here given that, Y₁ = Bo + B1X1i + B₂X₂i + Ei Σ15₁Y₁ = 533.5; 15 ss(x₁) Σ(X1₁₁-X₁)² = i=1 15 15 Σ151 X1 = = 610. 2; i=1 15 ss(x₂) = (X21-X₂)² = Σ(X₂₁-X₂² X₂1² 15 i=1 (=1 15 (=1 2 411 15 - sp(x₁, x₂) = [(X₁1-X₁) (X21-X₂) X11X21 = 7087.54 248.36 590164.37 15 i=1 15 sp(x₁, y) = [(X₁₁-X₁) (X₁-) = [X₁ = 101.630 i=1 Σ151 X2 = 9776 sp(x₂, y) = (X₂1-X₂)(Y₁-8)= i=1 TSS = 316.953; ESS 15 Σ i=1 23 i=1 X2Y = 12955.38 &² = 14.7210 Page 1 of 2 lequirements: Obtain the regression equation of private investment on GDP and interest rate and comment on the obtained sults. Obtain variance covariance matrix of i) Do you think the hypothesis H0: B₁ = 0 (i=1,2) is statistically significant at 5% level of significance? Why? ) Find 95% confidence interval for P₁ and P₂respectively and comment.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply