Lasse has set up a model evaluating daily electricity prices using observations from the last year (price of electricity is the dependent variable). He has set up a test to verify whether data are stationary. The t-statistic for electricity price is equal to -5.2. What can he conclude?

Lasse has set up a model evaluating daily electricity prices using observations from the last year (price of electricity is the dependent variable). He has set up a test to verify whether data are stationary. The t-statistic for electricity price is equal to -5.2. What can he conclude?

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter7: Distance And Approximation

Section7.3: Least Squares Approximation

Problem 33EQ

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