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The Production of Automobile Tires in Any Given Year Is

Question 126

Multiple Choice

The production of automobile tires in any given year is related to the number of automobiles produced this year and in prior years. Suppose our econometric model resulted in the following data. The production of automobile tires in any given year is related to the number of automobiles produced this year and in prior years. Suppose our econometric model resulted in the following data. What is the equation for our model? A) Y<sup>'</sup>= -50000 + 5.00X<sub>1</sub><sub> </sub>+ 0.25X<sub>2</sub><sub> </sub>+ 0.67X<sub>3</sub><sub> </sub>+ 2.12X<sub>4</sub><sub> </sub>+ 3.44X<sub>5</sub> B) Y<sup>'</sup>= 0.25X<sub>2</sub><sub> </sub>+ 0.67X<sub>3</sub><sub> </sub>+ 2.12X<sub>4</sub><sub> </sub>- 3.44X<sub>5</sub> C) Y<sup>'</sup>= 5.00X<sub>1</sub><sub> </sub>- 0.25X<sub>2</sub><sub> </sub>- 0.67X<sub>3</sub><sub> </sub>+ 2.12X<sub>4</sub><sub> </sub>+ 3.44X<sub>5</sub> D) Y<sup>'</sup>= 10.4X<sub>1</sub><sub> </sub>+ 0.6X<sub>2</sub><sub> </sub>+ 1.4X<sub>3</sub><sub> </sub>+ 2.7X<sub>4</sub><sub> </sub>+ 6.5X<sub>5</sub> What is the equation for our model?


A) Y'= -50000 + 5.00X1 + 0.25X2 + 0.67X3 + 2.12X4 + 3.44X5
B) Y'= 0.25X2 + 0.67X3 + 2.12X4 - 3.44X5
C) Y'= 5.00X1 - 0.25X2 - 0.67X3 + 2.12X4 + 3.44X5
D) Y'= 10.4X1 + 0.6X2 + 1.4X3 + 2.7X4 + 6.5X5

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