The regression results below show the relationship between GDP (Y) and private consumption (X) for Thailand from year 1993 to 2019. (n=27) Model 1: Ý, = 0.5695 + 0.1968X; se = (0.0551) (0.7591) %3D...

Interpret the slope coefficients in Model 1 and Model 2.

The regression results below show the relationship between GDP (Y) and private consumption (X) for<br>Thailand from year 1993 to 2019. (n=27)<br>Model 1: Ý, = 0.5695 + 0.1968X;<br>se = (0.0551) (0.7591)<br>%3D<br>R²= 0.8671<br>Model 2: InY = -0.3965 + 0.9120X,<br>se = (0.8411) (0.7025)<br>%3D<br>R² = 0.9361<br>

Extracted text: The regression results below show the relationship between GDP (Y) and private consumption (X) for Thailand from year 1993 to 2019. (n=27) Model 1: Ý, = 0.5695 + 0.1968X; se = (0.0551) (0.7591) %3D R²= 0.8671 Model 2: InY = -0.3965 + 0.9120X, se = (0.8411) (0.7025) %3D R² = 0.9361

Jun 02, 2022

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The regression results below show the relationship between GDP (Y) and private consumption (X) for Thailand from year 1993 to 2019. (n=27) Model 1: Ý, = 0.5695 + 0.1968X; se = (0.0551) (0.7591) %3D...

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