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Universitas Prof DR Hazairin SH Bengkulu Uts
Universitas Prof DR Hazairin SH Bengkulu Uts
BENGKULU
FAKULTAS EKONOMI DAN BISNIS
1. In conducting regression analysis, whether panel data or multiple linear regression, we several
terms. Therefore, you are asked to explain:
What are t-test, f-test, and R2 value?
What is meant by the alpha values of 5%, 10%, and 1%?
Explain how econometrics can be used to inform economic policy.
Household Y X1 x2
1 0.50 2.00 20
2 0.65 2.25 25
3 0.60 2.60 35
4 0.90 2.85 42
5 0.80 3.10 48
6 1.00 3.20 50
7 1.20 3.70 59
8 1.30 4.10 65
9 1.10 4.20 70
10 1.60 4.50 76
"If you want to be honest with others, you must first be honest with
yourself."