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The document is attached which supports the two qu...




The document is attached which supports the two questions listed below: 1a After Malcolm had explained his model to his supervisor he was asked, ?What problems can you identify in testing the initial model in equation 1 with your data?? Note down your answer to Malcolm?s supervisor?s question. 1b Malcolm?s supervisor?s next question focused upon the analysis associated with equation 2: ?Why do you believe that 0.02 coefficient estimate is both economically and statistically relevant?? Note down your answer to this question, using the R2, Durbin?Watson and F-statistic results to support your answer. 2 Later in their supervision meeting, Malcolm?s supervisor tells him that the inclusion of the dummy and control variables in equation 3 adds nothing to the research. Why do you think his supervisor has said this?


Paper#13104 | Written in 18-Jul-2015

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