A researcher estimated the following log-linear money-demand function, using data for the 39 year period.
Where Interest rate , Income , Liquid Assets
NB: The values in the parenthesis are the standard errors.
(i). Interpret the results of the model. (3 Marks)
(ii).Conduct hypothesis test on the slope regression coefficients of the model at 5% level of significance. (3 Marks)
(iii) Conduct joint hypothesis test at 1% level of significance (4 Marks)
Mathbot Says...
I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.