state the assumption that reseachers has imposed to estimateequation one to get unbiased estimators. find the independentvariables from equaiton 2 which are effecting the demand forinfroaml finance significantly at 1%.
calculate adjusted R^2 and explain. Also explain the reasons whythe variables affects the demand for informal financesignificantly?
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
Y=β0+β1X1+β2X2+β3X3+β4X4+ε The estimated equation is as follows Y^=0.982+2.783X1−0.148X2−0.010X3−1.973X4 eq
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Y=β0+β1X1+β2X2+β3X3+β4X4+ε The estimated equation is as follows Y^=0.982+2.783X1−0.148X2−0.010X3−1.973X4 eq
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