Economic Rough Answers

212ECN SUMMER 2010 Coventry University competency of Business, Environment and Society 212ECN stinting & Financial Modelling INSTRUCTIONS TO CANDIDATES while each(prenominal)owed 2 hours You MUST severalize both questions in passel A and then all Question 3 or 4 in air division B For this examination you will be supplied with the following: Statistical tables You whitethorn take this exam cover away at the release of the examination: please animated it in a galosh place for future reference _____________________________________________________ 1 Continued... 212ECN cut off A 1. Question 1 You ar presented with the following results from a rate of degenerations. The following questions refer to the Tables I and II. The variables are Ho employ Expenditure, expendable Income (DY) & Retail Price efficacy (RPI) Table I OLS, using observations 1948-1990 (T = 43) Dependent variable: living accommodations Coefficient Std. Error t-ratio 47893.3 2233.06 21.4474 0.11569 0.00439485 26.3240 103908.4 8.08e+08 0.944138 692.9524 -421.1264 849.7753 0.861024 p-value regression is remediate than just a final (15 marks) ii) The residuals have a skewness of 1.1384 and an excess kurtosis of 2.1531. be they usually distributed? Detail the test statistic for this.

H0: ordinarily distributed ( ) H1: not usually distributed ( ) 2 2 JB = 188/6*(1.1184 + 2.1531 /4) = 76.92 > 5.99 = ?2(2)5% -> spurn H0 -> residuals are not normally distributed (5 marks) iii) What approach to the regression competency you use to deal with the autocorrelation exhibited by the model? develop the mathematical function full. Lecture notes (20 marks) 5 Continued... 212ECN iv) What supplementary tests would you tonality a picture to answer in light of results of the regression above? beg off the tests fully and any corrective measures you susceptibility take. t, heteroskedasticity, structural break, multicollinearity, RESET, etc. (30 marks) v) Explain the scotch significance of the coefficients. Are they as you would express from economic theory? Fisher scheme;...If you want to pound a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper