We attempt to relate personal savings to personal income for the time period from 1935-1954
1. We attempt to relate personal savings to personal income for the time period from 1935-1954. According to the data we have, we got the following results
The regression equation is
Savings = 4.98 + 0.0577 Income
Predictor Coef SE Coef T P
Constant 4.978 5.149 0.97 0.346
Income 0.05767 0.02804 2.06 0.054
S = 10.0803 R-Sq = 19.0%
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Analysis of Variance
Source DF SS MS F P
Regression 1 430.0 430.0 4.23 0.054
Residual Error 18 1829.0 101.6
Total 19 2259.0
Durbin-Watson statistic = 0.4135
Test for autocorrelation using the Durbin-Watson test with . If there is autocorrelation exists, how can the model be improved?
11 years ago
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