ECON 705
South Louisiana Community College
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ECON 705 Mod 5 Self-Assessment (100 out of 100) Questions and Answers | Download To Score An A
- Exam (elaborations) • 7 pages • 2023
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Use the following regression results to answer the four questions below. 
Dependent Variable: QQ 
Observations: 32 
R2R2: 0.7547 
FF-ratio: 92.31 
pp-ratio on F: 0.0001 
Variable Parameter Estimate Standard Error t-ratio p-value 
L3L3 -0.0016 0.0005 -3.20 0.0032 
L2L2 0.4000 0.0950 4.21 0.0002 
1. Which of the following equations is derived correctly? 
Select one: 
a. AP=−0.0032L2+0.8000LAP=−0.0032L2+0.8000L 
b. AP=0.L2−0.1333LAP=0.L2−0.1333L 
c. MP=−0.0048L2+0.8000LMP=−0.0048L2+0.80...
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