Posted: September 13th, 2017

The impact of Consumption and Investment on the GDP in Qatar (1990- 2013)

Estimating a Multiple Regression Model for GCC countries
Instructions
Each group must do the following:

1- Collect data related to the topic that has been chosen. A soft copy of the data must be sent to the instructor (Excel File). The document will be part of the evaluation process.

2- Provide descriptive statistics of each variable (Three series) in the report (mean, median, variance, standard deviation, maximum, minimum, … etc.). Plot the data for the three series and include the graphs in the report.

3- Run the estimation of the regression model using Excel to get the coefficients and the standard errors of each coefficient ( ss it is done during the lectures) and plot the necessary graphs to check the required conditions about the error terms.

4- Analyze the Excel output: Test for each coefficient of the regression model and for the regression model as a whole. Assess the regression model: how well does it fit the data? Are the required conditions about the errors satisfied?

The report of each group should include the following points;
A- Cover page (Title, names, IDs of the group members, Course number)
B- Introduction about the selected topic
C- Data Description
D- Estimation
E- Discussion of the results
F- Conclusion
G- References

 

 

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