Select one: 60 20 40 80 You have time series data for the period 1945-2010. You

Question

Select one:

60

20

40

80

You have time series data for the period 1945-2010. You are given an estimate of the effects of income, (measured in billion) and interest rates. (measured in percentage points) on aggregate consumption expenditure (measured in billion). Cons =10.00+ (1.00) 0.90 lncome - 6.00 lnterest Rate TSS = 70 (1 .00) (0.45) (2.00) ESS = 10 You then split the data and run 2 regressions, one for the period 1945-1970 and one for the period, 1971-2010 1945-70 Cons = 6.00 + 0.95 Income - 2.00 Interest Rate TSS = 30 (1 .00) (0.30) (0.50) ESS = 25 1971 -2010 Cons =14.00 + 0.80 lncome - 10.00 lnterest Rate TSS = 20 (1 .00) (0.50) (4.00) ESS = 10 What is the F value for the hypothesis test that the data could be pooled across both time periods and estimated as a single equation?

Explanation / Answer

60

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.