Solved

You Have Collected Data for the 50 U Δur^\widehat{\Delta u r}

Question 56

Multiple Choice

You have collected data for the 50 U.S. states and estimated the following relationship between the change in the unemployment rate from the previous year ( Δur^\widehat{\Delta u r} ) and the growth rate of the respective state real GDP (gy) . The results are as follows Δur^\widehat{\Delta u r} = 2.81 - 0.23 ×\times gy, R2= 0.36, SER = 0.78 (0.12) (0.04)
Assuming that the estimator has a normal distribution, the 95% confidence interval for the slope is approximately the interval


A) [2.57, 3.05]
B) [-0.31,0.15]
C) [-0.31, -0.15]
D) [-0.33, -0.13]

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions