Assignment
Use the Dataset Growth.wf1 in "resources" -- the file growth.pdf defines the variables.
1. Run the regression growth = α + βTrade + ε
In eviews: ls growth c trade
a. Does trade significantly (at the .05 level) impact growth?
b. What does the standard error of the regression mean?
c. What is your forecast for growth of a nation where trade =.5?
2. Run the regression:
LS GROWTH C TRADE RGDP60 SCHOOL
a. What does the F statistic from the regression show?
b. Test if the coefficients on RGDP60 and SCHOOL are jointly=0.
Attachment:- Attachments.rar