Question: Consider the computer output provided. Analyze the output to explain the nature of the relation between the dependent & the independent variables & the strength of the relationship. Also test to see if the estimates are significant.
Dependent Variable is BP = balance of payment
Independent variables [A] GDP = gross domestic product
[B] R = interest rate
[C] EX = exchange rate
LS dependent variable is BP
Date 11/7/98
SMPL range 1972-1995
Number of observations: 24
|
Variable
|
Coefficient
|
Std Error
|
T-Stat
|
|
C
|
-4.6457
|
0.6752
|
-6.8804
|
|
GDP
|
-3.3987
|
1.6758
|
-2.0281
|
|
R
|
15.4372
|
5.4637
|
2.8254
|
|
EX
|
48.3426
|
5.2356
|
0.6275
|
|
R-squared
|
0.6473
|
|
Adjusted R-squared
|
0.5463
|
|
S.E. of regression
|
17.6758
|
|
Mean of the dependent variable
|
1776
|
|
F-Stat
|
3.9876
|
|
Durbin Watson
|
1.6457
|