Figure 2 in the Appendix displays a plot of another time series X₁. The results of an ADL(1,1) model estimated on the full sample is given in Table 8. Interpret the dynamic effects of X, on Y, and critically evaluate
Figure 2 in the Appendix displays a plot of another time series X₁. The results of an ADL(1,1) model estimated on the full sample is given in Table 8. Interpret the dynamic effects of X, on Y, and critically evaluate
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.EA: Extended Application Using Extrapolation To Predict Life Expectancy
Problem 5EA
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Transcribed Image Text:c) Figure 2 in the Appendix displays a plot of another time series Xt. The
results of an ADL(1,1) model estimated on the full sample is given in
Table 8. Interpret the dynamic effects of X, on Y, and critically evaluate
the results of this regression model.
![Figure 2
☆
8-
6-
4
2-
0-
-2
Table 8
. reg y L.y x L.x
Source I
100
Model | 431.259016
Residual I 512.201518
SS
Total I 943.460533
1
x |
y | Coefficient std. err.
y l
L1. I
.6757815
--. I .0535314
L1. I -.0235839
1
cons |
Line Graph of x
.0563387
df
3 143.753005
395 1.2967127
398 2.37050385
.0373755
.0531761
.0532054
I
200
Time
.1548425
MS
t
18.08
Number of obs
F (3, 395)
Prob > F
R-squared
Adj R-squared
Root MSE
P>|t|
0.000
1.01 0.315
-0.44 0.658
300
0.36 0.716
.6023017
- .0510122
-.1281851
=
=
=
-.2480798
=
T
400
[95% conf. interval]
399
110.86
0.0000
0.4571
0.4530
1.1387
.7492613
.158075
.0810174
.3607573](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9707a8d5-43ca-458d-8a8b-5ca7f873d335%2F343ea1ef-37cf-4235-b345-3d5f12155a60%2Fpv625nl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Figure 2
☆
8-
6-
4
2-
0-
-2
Table 8
. reg y L.y x L.x
Source I
100
Model | 431.259016
Residual I 512.201518
SS
Total I 943.460533
1
x |
y | Coefficient std. err.
y l
L1. I
.6757815
--. I .0535314
L1. I -.0235839
1
cons |
Line Graph of x
.0563387
df
3 143.753005
395 1.2967127
398 2.37050385
.0373755
.0531761
.0532054
I
200
Time
.1548425
MS
t
18.08
Number of obs
F (3, 395)
Prob > F
R-squared
Adj R-squared
Root MSE
P>|t|
0.000
1.01 0.315
-0.44 0.658
300
0.36 0.716
.6023017
- .0510122
-.1281851
=
=
=
-.2480798
=
T
400
[95% conf. interval]
399
110.86
0.0000
0.4571
0.4530
1.1387
.7492613
.158075
.0810174
.3607573
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