The following regression was estimated using quarterly data for 10 years ??? = −7.453 − 0.0714?? + 0.00315?? − 0.1537?? Se= (13.58) (0.0347) (0.0017) (0.04919) R2= 0.758 ESS = 23.5104 RSS = 14.1867 d=2.04 Where NC = new car sales per 1000 population P = new car price index Y = per capita real disposable income in Rs. i = interest rate
The following regression was estimated using quarterly data for 10 years ??? = −7.453 − 0.0714?? + 0.00315?? − 0.1537?? Se= (13.58) (0.0347) (0.0017) (0.04919) R2= 0.758 ESS = 23.5104 RSS = 14.1867 d=2.04 Where NC = new car sales per 1000 population P = new car price index Y = per capita real disposable income in Rs. i = interest rate
Chapter4: Linear Functions
Section: Chapter Questions
Problem 41RE: For the following exercises, consider the data in Table 5, which shows the percent of unemployed in...
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The following regression was estimated using quarterly data for 10 years
??? = −7.453 − 0.0714?? + 0.00315?? − 0.1537??
Se= (13.58) (0.0347) (0.0017) (0.04919)
R2= 0.758 ESS = 23.5104 RSS = 14.1867 d=2.04
Where NC = new car sales per 1000 population P = new car price index
Y = per capita real disposable income in Rs. i = interest rate
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