for this sample regression function, i need to critique the performance(this is for durable goods),

for this sample regression function, i need to critique the performance(this is for durable goods), this includes using signs, magnitudes, coefficient of variaiton

y is real personal consumption expenditures, i is real disposable personal income, px is personal consumption expenditures:durable goods:chain-type price index, py is personal consumption expenditures: nondurable goods:chain price index, expect is the university of michigan consumer sentiment, debt is the total consumer credit outstanding, real debt is debt/gdpdef(gross domestic product:implicit price deflator)*100, r is the 3 year treasury constant maturity rate. These are all on FRED (http://research.stlouisfed.org/fred2/)

LS Y C PX PY I R REALDEBT(-1)/I(-1) EXPECT

Dependent Variable: Y

Method: Least Squares

Date: 04/06/17   Time: 22:53

Sample (adjusted): 1999Q2 2016Q4

Included observations: 71 after adjustments

Variable

Coefficient

Std. Error

t-Statistic

Prob. 

C

-1683.548

717.2326

-2.347283

0.0220

PX

-4.317528

3.720258

-1.160545

0.2501

PY

5.581839

1.464721

3.810854

0.0003

I

0.117661

0.029306

4.014869

0.0002

R

4.145621

4.312155

0.961380

0.3400

REALDEBT(-1)/I(-1)

4231.104

687.4687

6.154613

0.0000

EXPECT

4.844775

0.403340

12.01165

0.0000

R-squared

0.985330

    Mean dependent var

1099.293

Adjusted R-squared

0.983955

    S.D. dependent var

238.9711

S.E. of regression

30.27038

    Akaike info criterion

9.751603

Sum squared resid

58642.93

    Schwarz criterion

9.974684

Log likelihood

-339.1819

    Hannan-Quinn criter.

9.840315

F-statistic

716.4465

    Durbin-Watson stat

1.540903

Prob(F-statistic)

0.000000

Dependent Variable: Y

 

 

Method: Least Squares

 

 

Date: 04/06/17   Time: 22:53

 

 

Sample (adjusted): 1999Q2 2016Q4

 

Included observations: 71 after adjustments

 

 

 

 

 

 

 

 

 

 

 

Variable

Coefficient

Std. Error

t-Statistic

Prob. 

 

 

 

 

 

 

 

 

 

 

C

-1683.548

717.2326

-2.347283

0.0220

PX

-4.317528

3.720258

-1.160545

0.2501

PY

5.581839

1.464721

3.810854

0.0003

I

0.117661

0.029306

4.014869

0.0002

R

4.145621

4.312155

0.961380

0.3400

REALDEBT(-1)/I(-1)

4231.104

687.4687

6.154613

0.0000

EXPECT

4.844775

0.403340

12.01165

0.0000

 

 

 

 

 

 

 

 

 

 

R-squared

0.985330

    Mean dependent var

1099.293

Adjusted R-squared

0.983955

    S.D. dependent var

238.9711

S.E. of regression

30.27038

    Akaike info criterion

9.751603

Sum squared resid

58642.93

    Schwarz criterion

9.974684

Log likelihood

-339.1819

    Hannan-Quinn criter.

9.840315

F-statistic

716.4465

    Durbin-Watson stat

1.540903

Prob(F-statistic)

0.000000

 

 

 

 

 

 

 

 

 

 

 

 

           

 

 

Looking for a Similar Assignment? Hire our Top Techical Tutors while you enjoy your free time! All papers are written from scratch and are 100% Original. Try us today! Active Discount Code FREE15