Login

Create Account
+14156709189
info@expertsmind.com
Submit Homework/Assignment
Get quote & make Payment
Get Solution
applied, Applied Statistics
Question 1
Suppose that you have 150 observations on production (yt) and investment (it), and you have estimated the following ADL(3,2) model:
(1 – 0.5L – 0.1L2 – 0.05L3)yt = 0.7 + (0.2 + 0.1L +0.05L2)it (1)
a. Use this model to describe the dynamic effects of investment on production. Your answer should include a calculation of the impact multiplier and the longrun multiplier.
b. Suppose that you can obtain other output associated with the above regression (eg., the residuals et, the R2, the sum of squared residuals, etc.). Carefully explain how you would test each of the null hypotheses given below.
[Hints: In each case your answer should state the extra output you would need from regression of equation (1), the extra regression(s) that you would need to run, an explanation of how you would construct the test statistic, a statement on the distribution of the test statistic under the null hypothesis, and a brief description of your critical region.]
i. H0: investment has no long run effect on production.
ii. H0: there is no third order serial correlation in the errors.
Posted Date: 1/14/2013 9:35:21 AM  Location : USA
Ask an Expert
Related Discussions:
applied, Assignment Help, Ask Question on applied, Get Answer, Expert's Help, applied Discussions
Write discussion on applied
Your posts are moderated
Write your message here..
Related Questions
What is the pvalue, Use the information given below to find the Pvalue. ...
Use the information given below to find the Pvalue. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to
Factor loadings matrix, As we stated above, we start factor analysis with p...
As we stated above, we start factor analysis with principal component analysis, but we quickly diverge as we apply the a priori knowledge we brought to the problem. This knowled
Pie diagram, Circles or Pie Diagram: Circles or pie diagrams are alter...
Circles or Pie Diagram: Circles or pie diagrams are alternative to squares. These are used for the same purpose i.e. when the values are differing widely in their magnitude
Computer application in statistics, advantage and disadvantage
advantage and disadvantage
Explain survey development process, Problem: A survey usually originate...
Problem: A survey usually originates when an individual or an institution is confronted with an information need and the existing data are insufficient. Planning the questionn
Philosophy, what is the aim of statistics?
what is the aim of statistics?
Describe the opportunities for statistical learning, 1. Recognize and expla...
1. Recognize and explain the opportunities for statistical learning. 2. Describe how the use of statistics supports student learning. 3. Recognize appropriate data displays a
Theoretical yield and actual yield, Write down the symbols and unit for the...
Write down the symbols and unit for the following: mass, molar mass, molar and molarity Write down the relationship between mass and molar mass and show that the units match.
Probability, 1 A penny is tossed 5 times. a. Find the chance that the 5th t...
1 A penny is tossed 5 times. a. Find the chance that the 5th toss is a head b. Find the chance that the 5th toss is a head, given the first 4 are tails.
Chi square test as a distributional goodness of fit, Chi Square Test as a D...
Chi Square Test as a Distributional Goodness of Fit In daytoday decision making managers often come across situations wherein they are in a state of dilemma about the applica
Assignment Help
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
ExpertsMind Services
Online Tutoring
Projects Assistance
Exam Preparation
Coursework Help
Programming Courses
Engineering Courses
Why Us ?
~Experienced Tutors
~24x7 hrs Support
~Plagiarism Free
~Quality of Work
~Time on Delivery
~Privacy of Work