The following regression relates to the price level (PGNP) with the base year 1985 to the exchange rate (EXCH) in pesos per dollar:
PGNP= -44.01304+9.176165EXCH,
t (-3.14) (12.65)
where R^2=.88, n=23,F=160.04
i. Compute for the standard error of each coefficient.
ii. Is the slope coefficient statistically different from zero? Show the appropriate test.
iii. Interpret the slope coefficient. Does it make economic sense?
2006-12-29 21:01:18 · 4 answers · asked by Anonymous in Social Science ➔ Economics
why dont people learn to do their own homework & work it out
2006-12-29 21:02:47 · answer #1 · answered by DeeDee 5 · 1⤊ 0⤋
Your equation is flawed because it failed to consider the mass production of American dollars by the Federal Reserve.
2006-12-30 11:38:01 · answer #2 · answered by Anonymous · 0⤊ 2⤋
aye aye aye!
no me gusta nada dis questione!!
2006-12-30 05:16:09 · answer #3 · answered by Brooks C 2 · 0⤊ 1⤋
because sometimes smart people are able to help.
2006-12-30 05:07:34 · answer #4 · answered by Akshun 3 · 0⤊ 1⤋