Final Exam Spring 2006

# Final Exam Spring 2006 - Final Exam ECNOMETRICS Spring 2006...

This preview shows pages 1–3. Sign up to view the full content.

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
You are hired as a junior analyst by the east coast chain, Pizza π , to analyze several models for annual pizza consumption by individuals. Consider the following simple regression model. Model 1: E(P) = 0 β + 1 M where P = annual pizza consumption expenditures (\$) M = annual income (thousand \$) Below are your EViews regression results. While you were analyzing your results you happened to be eating pizza (with extra sauce) and unfortunately splattered sauce on your computer printout. Thus certain values are unavailable because they’re unreadable through the splat marks. Rather than go back to your computer, you decide you are confident enough to determine certain values by hand and a simple calculator. After all, you are a relatively ‘smart’ analyst (even though you’re a sloppy eater at times : -). Dependent Variable: P Method: Least Squares Date: 05/09/06 Sample: 1 40 Included observations: 40 Variable Coefficient Std. Error t-Statistic Prob. C 128.9803 3.728698 0.0006 M 1.457651 0.597385 0.0195 R-squared 0.135457 Mean dependent var 191.5500 Adjusted R-squared S.D. dependent var 155.8806 S.E. of regression 146.8338 Akaike info criterion 12.86519 Sum squared resid 819285.8 Schwarz criterion 12.94963 Log likelihood -255.3037 F-statistic 5.953856 Durbin-Watson stat 1.494713 Prob(F-statistic) 0.019461 1. Determine the standard error for the intercept coefficient.
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 04/13/2008 for the course ECON 322 taught by Professor Francisco during the Spring '07 term at Rutgers.

### Page1 / 5

Final Exam Spring 2006 - Final Exam ECNOMETRICS Spring 2006...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online