1. Using the data provided by the World Bank s enterprise survey one of the reseachers of university wanted to see the r
Posted: Thu Jul 14, 2022 4:48 pm
1. Using the data provided by the World Bank
s enterprise survey one of the reseachers of university wantedto see the relationship between cultural fractionalizaiotn anddemand for informal finance in Malausian firms. He uses thefollowing equation to estimate.
Equation (1)
where,
y = demand forin formal finance
X1 = cultural fractionalizaiton
X2 - size of the firm
X3 - firmage
X4 -= three years of growth in the frim' srevenues
Equation (2)
quesitons :
1. state the assumption that researcher has imposed to estimateequation 1 to get unbiased estimators
2. find the independent variables from equation 2 which areaffecting the demand for informal finance significantly at 1%
3. explain the reasons why variables of 2 quesiton affetcs thedemand for informal finance signifacntly and calculate adjusted r2.What adjusted R2 explains?
Hand-written not excel. Thanks
Y=β0+β1X1+β2X2+β3X3+β4X4+ε
The estimated equation is as follows Y^=0.982+2.783X1−0.148X2−0.010X3−1.973X4 equation (2) Standard lirror (0.521)(0.905)(0.804)(0.341)(0.681) R2=0.0711; Number of observations =70
s enterprise survey one of the reseachers of university wantedto see the relationship between cultural fractionalizaiotn anddemand for informal finance in Malausian firms. He uses thefollowing equation to estimate.
Equation (1)
- 1 Using The Data Provided By The World Bank S Enterprise Survey One Of The Reseachers Of University Wanted To See The R 1 (5.57 KiB) Viewed 40 times
y = demand forin formal finance
X1 = cultural fractionalizaiton
X2 - size of the firm
X3 - firmage
X4 -= three years of growth in the frim' srevenues
Equation (2)
- 1 Using The Data Provided By The World Bank S Enterprise Survey One Of The Reseachers Of University Wanted To See The R 2 (12.99 KiB) Viewed 40 times
1. state the assumption that researcher has imposed to estimateequation 1 to get unbiased estimators
2. find the independent variables from equation 2 which areaffecting the demand for informal finance significantly at 1%
3. explain the reasons why variables of 2 quesiton affetcs thedemand for informal finance signifacntly and calculate adjusted r2.What adjusted R2 explains?
Hand-written not excel. Thanks
Y=β0+β1X1+β2X2+β3X3+β4X4+ε
The estimated equation is as follows Y^=0.982+2.783X1−0.148X2−0.010X3−1.973X4 equation (2) Standard lirror (0.521)(0.905)(0.804)(0.341)(0.681) R2=0.0711; Number of observations =70