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Applied Econometrics for Economics and Finance - Assignment Example

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The paper “Applied Econometrics for Economics and Finance” is an informative variant of the assignment on macro & microeconomics. The equation shows that when the number of cigarettes is increased log(income) is increased. Looking at p- values of the coefficients only Cigs are not statistically significant using a confidence level of 0.05…
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Extract of sample "Applied Econometrics for Economics and Finance"

Applied econometric in Finance Professor Name of the school City and state TABLE OF CONTENTS 1.0 Question one 2 2.0 Question two 4 3.0 Question three 6 4.0 Question four 7 5.0 Question five 10 6.0 Question Six 10 7.0 Question seven 11 8.0 Question eight 12 9.0 Question nine 12 11.0 Question eleven 14 12.0 Question twelve 15 Reference 16 Appendix 17 1.0 Question one The purpose is to estimate the effects of smoking on annual income and the following model has been used to produce Where cigs is number of cigarettes smoked per day, educ denotes years of education, age is years of age and age2 is the square of age. The following Eviews output From the descriptive statistics, it can be noted that mean income is 19304.83 while number of cigarettes smoked per day coefficient is 15.657 with confidence level of 0.4754. the other variables have their coefficient’s as shown in equation below 7.598age2 The equation shows that when the number of cigarettes are increased log(income) is increased. Looking at p- values of the coefficients only Cigs is not statistically significance using confidence level of 0.05 since 0.4754>0.05 while the remaining variables, which is education, Age square, age are statistically significance since the p-value is 0.00 0.05 while the remaining variables, which is education, Age square, age, white are statistically significance since the p-value is 0.00 Read More
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Applied Econometrics for Economics and Finance Assignment Example | Topics and Well Written Essays - 2750 words. https://studentshare.org/macro-microeconomics/2086694-revision-needed-applied-econometrics-for-economic-and-finance-e-views-required
(Applied Econometrics for Economics and Finance Assignment Example | Topics and Well Written Essays - 2750 Words)
Applied Econometrics for Economics and Finance Assignment Example | Topics and Well Written Essays - 2750 Words. https://studentshare.org/macro-microeconomics/2086694-revision-needed-applied-econometrics-for-economic-and-finance-e-views-required.
“Applied Econometrics for Economics and Finance Assignment Example | Topics and Well Written Essays - 2750 Words”. https://studentshare.org/macro-microeconomics/2086694-revision-needed-applied-econometrics-for-economic-and-finance-e-views-required.
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