We have estimated a regression of per capita income, employment rates and stock of migrants on net migration out flows. The results are as follows;
Dependent Variable: net migration outflows
Variable
Coeff.
Std. Error
t-Statistic
Prob.
C
3.078
1.23930
2,46991
0.0080
Ratio of per capita incomes
1.523
0.65080
2.34305
0.0018
Ratio of employment rates
0.158
0.16194
0.13609
0.3586
Stock of migrants
1.011
0.23435
4.31382
0.0063
R-squared= 0.739 n=30
F statistics= 180.0681 Prob.= ,0000
a- Write down the regression function, economic model,econometric model and the estimated least squares line by using the information obtained from above table and explain what each coefficient indicates.
b- Test at 95% significance level whether β3=0 .
c- What can you tell about the significance of all the regression parameters together with 95% significance level ?
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here