Scribd
Upload
39 views

Coefficient Std. Error T-Ratio P-Value

This document summarizes the results of an OLS regression model (Model 5) using observations from 1990-2013. The regression examines the relationship between the dependent variable LRT and three independent variables: Em, MF, and PC. The coefficients, standard errors, t-ratios and p-values are reported. Additional regression diagnostics are also presented, including a test for heteroskedasticity and tests of the normality of the residuals.

Uploaded by

Eric James Abarro
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as RTF, PDF, TXT or read online on Scribd
39 views

Coefficient Std. Error T-Ratio P-Value

This document summarizes the results of an OLS regression model (Model 5) using observations from 1990-2013. The regression examines the relationship between the dependent variable LRT and three independent variables: Em, MF, and PC. The coefficients, standard errors, t-ratios and p-values are reported. Additional regression diagnostics are also presented, including a test for heteroskedasticity and tests of the normality of the residuals.

Uploaded by

Eric James Abarro
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as RTF, PDF, TXT or read online on Scribd
You are on page 1/ 2

Model 5: OLS, using observations 1990-2013 (T = 24)

Dependent variable: LRT


const
Em
MF
PC

Coefficient
8.94125e+07
20884.9
2.35334e+0
6
74.5586

Mean dependent var


Sum squared resid
R-squared
F(3, 20)
Log-likelihood
Schwarz criterion
rho

Std. Error
4.96513e+07
27166.5
4.58883e+06

t-ratio
1.8008
0.7688
0.5128

p-value
0.0868
0.4510
0.6137

167.831

0.4442

0.6616

1.26e+08
9.09e+15
0.052725
0.371068
436.8713
886.4548
0.916189

S.D. dependent var


S.E. of regression
Adjusted R-squared
P-value(F)
Akaike criterion
Hannan-Quinn
Durbin-Watson

White's test for heteroskedasticity


OLS, using observations 1990-2013 (T = 24)
Dependent variable: uhat^2
coefficient
std. error
t-ratio p-value
---------------------------------------------------------------const
1.02157e+015
1.15638e+016 0.08834 0.9309
Em
7.63842e+012
1.01859e+013 0.7499 0.4657
MF
2.62232e+014
1.72662e+015 0.1519 0.8815
PC
6.29476e+010
3.43709e+010 1.831 0.0884 *
sq_Em
2.45634e+09
2.05557e+09 1.195 0.2520
X2_X3
2.64855e+011
5.65255e+011 0.4686 0.6466
X2_X4
2.36709e+07
2.47769e+07 0.9554 0.3556
sq_MF
4.88465e+013
5.50914e+013 0.8866 0.3902
X3_X4
3.13615e+09
3.34177e+09 0.9385 0.3639
sq_PC
16086.7
101466
0.1585 0.8763
Unadjusted R-squared = 0.701861
Test statistic: TR^2 = 16.844667,
with p-value = P(Chi-square(9) > 16.844667) = 0.051205

20427529
21320760
-0.089366
0.774724
881.7425
882.9927
0.286492

Frequency distribution for uhat5, obs 1-24


number of bins = 7, mean = 3.10441e-009, sd = 2.13208e+007
interval

midpt frequency

rel.

cum.

< -2.669e+007 -3.249e+007


2
-2.669e+007 - -1.509e+007 -2.089e+007
-1.509e+007 - -3.483e+006 -9.285e+006
-3.483e+006 - 8.120e+006 2.319e+006
8.120e+006 - 1.972e+007 1.392e+007
1.972e+007 - 3.133e+007 2.553e+007
>= 3.133e+007 3.713e+007
1

8.33% 8.33% ***


6
25.00% 33.33% *********
1
4.17% 37.50% *
5
20.83% 58.33% *******
5
20.83% 79.17% *******
4
16.67% 95.83% ******
4.17% 100.00% *

Test for null hypothesis of normal distribution:


Chi-square(2) = 1.318 with p-value 0.51745

2.5e-008

uhat5
N(3.1044e-009,2.1321e+007)

Test statistic for normality:


Chi-square(2) = 1.318 [0.5174]

2e-008

Density

1.5e-008

1e-008

5e-009

0
-6e+007

-4e+007

-2e+007

0
uhat5

2e+007

4e+007

6e+007

You might also like