The relation between the dependent & independent variable

Reference no: EM1321949

Question: Consider the computer output provided. Analyze the output to explain the nature of the relation between the dependent & the independent variables & the strength of the relationship. Also test to see if the estimates are significant.

Dependent Variable is BP = balance of payment

Independent variables [A] GDP = gross domestic product

[B] R = interest rate

[C] EX = exchange rate

LS dependent variable is BP

Date 11/7/98

SMPL range 1972-1995

Number of observations: 24

Variable	Coefficient	Std Error	T-Stat
C	-4.6457	0.6752	-6.8804
GDP	-3.3987	1.6758	-2.0281
R	15.4372	5.4637	2.8254
EX	48.3426	5.2356	0.6275

R-squared	0.6473
Adjusted R-squared	0.5463
S.E. of regression	17.6758
Mean of the dependent variable	1776
F-Stat	3.9876
Durbin Watson	1.6457

Reference no: EM1321949

Questions Cloud

Hypotheses to test for distribution of birthdays : Set up hypotheses to test if distribution of birthdays can be considered coming from uniform distribution.

Preventing the pci specifications : To prevent having the whole network subject to the PCI specifications, how would you segment the network in order to decrease the scope of compliance?

Description of various types of short-range plans : Discuss short-range plans; include a brief description of the various types of short-range plans. Give a business example of each type of plan; do not use the examples in the text.

Two sample hypothesis testing using normal distribution : Test the hypothesis that the annual incomes of corporate trainers in areas of more than 500,000 are significantly more than those in areas of less than 100,000.

The relation between the dependent & independent variable : The relation between the dependent & the independent variables & the strength of the relationship. Also test to see if the estimates are significant.

Active and passive tcp connection : At the time of establishment of the TCP session between 2 BGPv4 peers one is developed as active and the other as passive.

Determining new processes-five step hypothesis : Using the .02 level of significance, conduct a five-step hypothesis testing procedure to determine if the new processes significantly reduced the wait time.

Finding decision strategy and expected value of strategy : Find out the decision strategy company must follow, expected value of strategy, and maximum amount the company must pay market research firm for survey results.

Effect on gold consumption also mining of an increased : Illustrate what is now the effect on gold consumption also mining of an increased utilize of gold as money.

User Account

All Pages