Economics Assignment with Multiple Regression Model and Free Trade Analysis

Running head: ECONOMICS ASSIGNMENT
Economics Assignment
Name of the student
Name of the University
Author note

1ECONOMICS ASSIGNMENT
Table of Contents
PROBLEM A.............................................................................................................................2
ANSWER 1............................................................................................................................2
PROBLEM B.............................................................................................................................3
Answer1.................................................................................................................................3
ANSWER 2............................................................................................................................3
PROBLEM C.............................................................................................................................4
ANSWER1.............................................................................................................................4
REFERENCE LIST...................................................................................................................5

2ECONOMICS ASSIGNMENT
PROBLEM A
ANSWER 1
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.95593
3
R Square
0.91380
7
Adjusted R
Square
0.89859
7
Standard
Error
7.81913
5
Observatio
ns 21
ANOVA
df SS MS F
Significa
nce F
Regression 3
11019.
21
3673.0
7
60.077
49 2.95E-09
Residual 17
1039.3
61
61.138
88
Total 20
12058.
57
Coefficie
nts
Stand
ard
Error t Stat
P-
value
Lower
95%
Upper
95%
Lower
95.0%
Upper
95.0%
Intercept
-
12.1602
11.307
61
-
1.0754
0.2972
22 -36.0172
11.696
75
-
36.017
2
11.696
75
Average
income per
person
0.00483
8
0.0018
15
2.6652
07
0.0163
16
0.00100
8
0.0086
68
0.0010
08
0.0086
68
Tariff rate
on imports
of energy
bars
-
6.45698
1.0416
15 -6.199
9.71E-
06 -8.65459
-
4.2593
6
-
8.6545
9
-
4.2593
6
Number of
stores
where
energy
bars are
offered
4.07244
4
1.8978
01
2.1458
75
0.0466
14
0.06843
4
8.0764
54
0.0684
34
8.0764
54