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Author Question: An accountant has recently prepared a report for a client that contains a variety of graphs and ... (Read 125 times)

melina_rosy

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on: Jun 24, 2018
An accountant has recently prepared a report for a client that contains a variety of graphs and charts. In doing so, she has used descriptive statistical methods.
 
  Indicate whether the statement is true or false

Question 2

Consider the following model: Yt = 0 + 1x1t + 2x2t + 33x3t + 4Yt-1. Suppose we increase X1 by one unit in time period t with all other independent variables in the model held fixed.
 
  What is the total expected increase in the dependent variable over all current and future time periods?


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ErinKing

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

Total effect = 2 / (1 - 4 )


melina_rosy

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

xthemafja

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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