The following results are an autoregression for US Exports to Mexico where the dependent variable is the lagged value of US Exports. Based on these regression results, what is your forecast of US Exports to Mexico for March 2005?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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2) The following results are an autoregression for US Exports to Mexico where the dependent variable is the lagged value of US Exports. Based on these regression results, what is your forecast of US Exports to Mexico for March 2005?
2) The following results are an autoregression for US Exports to Mexico where the
dependent variable is the lagged value of US Exports.
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R
Square
Standard Error
Observations
0.558
0.311
0.296
1299
48
ANOVA
Significance
df
SS
35017027
MS
F
Regression
Residual
Total
3501
27
21
3.827E-05
46
47
77583215
112600242
1686592
Standard
Coefficients
6300
Error
1778
t Stat
3.54
Upper
95%
9879
P-value
Intercept
Lagged Exports
Lower 95%
2721
0.315
0.0009192
0.563
0.124
4.56
3.827E-05
0.812
Based on these regression results, what is your forecast of US Exports to Mexico for
March 20057
Transcribed Image Text:2) The following results are an autoregression for US Exports to Mexico where the dependent variable is the lagged value of US Exports. SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.558 0.311 0.296 1299 48 ANOVA Significance df SS 35017027 MS F Regression Residual Total 3501 27 21 3.827E-05 46 47 77583215 112600242 1686592 Standard Coefficients 6300 Error 1778 t Stat 3.54 Upper 95% 9879 P-value Intercept Lagged Exports Lower 95% 2721 0.315 0.0009192 0.563 0.124 4.56 3.827E-05 0.812 Based on these regression results, what is your forecast of US Exports to Mexico for March 20057
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