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# classwork7 - Handout for chapter 9. SERIAL CORRELATION...

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Unformatted text preview: Handout for chapter 9. SERIAL CORRELATION MODEL 4: OLS estimates using the 33 observations 1962-1994 Dependent variable: POP (data 7-21) VARIABLE COEFFICIENT STDERROR T STAT 2Prob(t > |T|) 0) const -185.3590 14.3429 -12.923 0.000000 *** 1) YEAR 0.1221 0.0073 16.840 0.000000 *** Mean of dep. var. 56.170 S.D. of dep. variable 1.244 Error Sum of Sq (ESS) 4.8768 Std Err of Resid. (sgmahat) 0.3966 Unadjusted R-squared 0.901 Adjusted R-squared 0.898 F-statistic (1, 31) 283.578 p-value for F() 0.000000 53 54 55 56 57 58 59 1960 1965 1970 1975 1980 1985 1990 1995 POP YEAR POP versus YEAR (with least squares fit)-1-0.8-0.6-0.4-0.2 0.2 0.4 0.6 0.8 1960 1965 1970 1975 1980 1985 1990 1995 residual YEAR Regression residuals (= observed - fitted POP) DW TEST MODEL 1: OLS estimates using the 90 observations 1900-1989 data(9-6) Dependent variable: intrate VARIABLE COEFFICIENT STDERROR T STAT 2Prob(t > |T|) 0) const -6.5175 0.6577 -9.910 0.000000 *** 1) lmoney -8.7980 0.5744 -15.316 0.000000 *** 2) lincome 8.7001 0.4998 17.408 0.000000 *** Mean of dep. var. 4.555 S.D. of dep. variable 2.900 Error Sum of Sq (ESS) 164.4680 Std Err of Resid. (sgmahat) 1.3749 Unadjusted R-squared 0.780 Adjusted R-squared 0.775 F-statistic (2, 87) 154.407 p-value for F() 0.000000 Durbin-Watson stat. 0.717 First-order autocorr. coeff 0.642-------------------------------------------------------------------------...
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## This note was uploaded on 02/28/2008 for the course ECON 414 taught by Professor Rashidian during the Summer '07 term at USC.

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classwork7 - Handout for chapter 9. SERIAL CORRELATION...

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