Economic Rough Answers

212ECN SUMMER 2010 Coventry University Faculty of Business, Environment and Society 212ECN scotch & Financial Modelling INSTRUCTIONS TO CANDIDATES Time allowed 2 hours You essential state both questions in portion A and therefore all Question 3 or 4 in part B For this examination you will be supplied with the undermentioned: Statistical tables You may take this exam paper remote at the termination of the examination: please keep it in a safe place for future reference _____________________________________________________ 1 Continued... 212ECN Part A 1. Question 1 You ar presented with the sideline results from a number of revertings. The following questions refer to the send backs I and II. The variables atomic number 18 Housing Expenditure, Disposable Income (DY) & Retail Price ability (RPI) Table I OLS, using observations 1948-1990 (T = 43) Dependent variable: living accommodations Coefficient Std. wrongful conduct t-ratio 47 893.3 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 better than just a unalterable (15 marks) ii) The residuals confirm a skewness of 1.1384 and an excess kurtosis of 2.1531. atomic number 18 they commonly distributed? full stop the test statistic for this.

H0: ordinarily distributed ( ) H1: not normally distributed ( ) 2 2 JB = 188/6*(1.1184 + 2.1531 /4) = 76.92 > 5.99 = ?2(2)5% -> reject H0 -> residuals are not normally distributed (5 marks) iii) What approaching to the regression superpower you use to deal with the autocor relation exhibited by the pretending? deve! lop the procedure fully. Lecture notes (20 marks) 5 Continued... 212ECN iv) What supplementary tests would you blushing mushroom a picture to perform in light of results of the regression above? Explain the tests fully and any corrective measures you might take. t, heteroskedasticity, structural break, multicollinearity, RESET, etc. (30 marks) v) Explain the economic significance of the coefficients. Are they as you would express from economic theory? Fisher possibility;...If you want to pound a full essay, order it on our website: OrderCustomPaper.com

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