Question 3We have a time series dataset from the US which includes the following variables for the period 1960-1999:Y:: Per capita chicken consumption (in pounds) in year t.PC: The price of chicken (in cents per pound) in year t.PB: The price of beef (in cents per pound) in year t.YD:: Per capita disposable income (in hundreds of dollars) in year t.YD2:: YD: squared, i.e. YD2, = YD?We estimate by OLS the following regression model:Table 2■I■Dependent variable: YNumber of observations: 40VariableinterceptPCPBYDYD2R-squaredF statistic(p-value)a)Coefficient27.6-0.610.090.20-0.00010.998.74(0.006)Standard Error1.580.160.040.010.00005Provide an interpretation for the coefficient on PB. Is its sign consistent with yourexpectations? Explain.

The coefficient for the Variable PB is 0.09. the Regression coefficient tells us the change in the…

Answered: a) Provide an interpretation for the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Which of the following time series forecasting methods would not be used to forecast seasonal data?
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Which of the time series forecasting methods would not be used to forecast seasonal data?
QUESTION 27 Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series: Quarter Seasonal Index Q1 73.7 Q2 85 Q3 105.7 Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4. Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below: Coefficients Intercept 2,857 Time 59.1 What is the trend projection of the series for period 112? (please round your answer to 1 decimal place)
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QUESTION 16 This question has several parts that must be completed sequentially. If you skip a part of the question, you will not receive any points for the skipped part, and you will not be able to come back to the skipped part. Tutorial Exercise A survey of 353 working parents found 250 who said they spend too little time with their children because of work commitments. (a) What is the point estimate of the proportion of the population of working parents who feel they spend too little time with their children because of work commitments? (b) At 95% confidence, what is the margin of error? (c) What is the 95% confidence interval estimate of the population proportion of working parents who feel they spend too little time with their children because of work commitments? Step 1 (a)What is the point estimate of the proportion of the population of working parents who feel they spend too little time with their children because of work commitments? A point estimate…
Question 16Serial correlation in the residuals of a time series regression can occur if you fail toinclude a relevant lag of the dependent variable as an explanatory variable in the regression. O TrueO False
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a) Provide an interpretation for the coefficient on PB. Is its sign consistent with your expectations? Explain.