# Econometric Tutorial

Essay by   •  March 20, 2019  •  Coursework  •  281 Words (2 Pages)  •  55 Views

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Table 2.4 gives data on Y, X2, X3, X4, X5, and X6 from year 1985 to 2007.

Table 2.4

 Year Y X2 X3 X4 X5 X6 1985 27.8 397.5 42.2 50.7 78.3 65.8 1986 29.9 413.3 38.1 52 79.2 66.9 1987 29.8 439.2 40.3 54 79.2 67.8 1988 30.8 459.7 39.5 55.3 79.2 69.6 1989 31.2 492.9 37.3 54.7 77.4 68.7 1990 33.3 528.6 38.1 63.7 80.2 73.6 1991 35.6 560.3 39.3 69.8 80.4 76.3 1992 36.4 624.6 37.8 65.9 83.9 77.2 1993 36.7 666.4 38.4 64.5 85.5 78.1 1994 38.4 717.8 40.1 70 93.7 84.7 1995 40.4 768.2 38.6 73.2 106.1 93.3 1996 40.3 843.3 39.8 67.8 104.8 89.7 1997 41.8 911.6 39.7 79.1 114 100.7 1998 40.4 931.1 52.1 95.4 124.1 113.5 1999 40.7 1021.5 48.9 94.2 127.6 115.3 2000 40.1 1165.9 58.3 123.5 142.9 136.7 2001 42.7 1349.6 57.9 129.9 143.6 139.2 2002 44.1 1449.4 56.5 117.6 139.2 132 2003 46.7 1575.5 63.7 130.9 165.5 132.1 2004 50.6 1759.1 61.6 129.8 203.3 154.4 2005 50.1 1994.2 58.9 128 219.6 174.9 2006 51.7 2258.1 66.4 141 221.6 180.8 2007 52.9 2478.7 70.4 168.2 232.6 189.4

1. Compute and interpret the correlations for :
1. Y and X2;
2. Y and X3;
3. Y and X4;
4. Y and X5;
5. Y and X6.
 Y X2 X3 X4 X5 X6 Y 1.000000 0.947171 0.839958 0.912392 0.935355 0.937413 X2 0.947171 1.000000 0.931681 0.957131 0.985878 0.982757 X3 0.839958 0.931681 1.000000 0.970112 0.928469 0.944529 X4 0.912392 0.957131 0.970112 1.000000 0.940567 0.972965 X5 0.935355 0.985878 0.928469 0.940567 1.000000 0.983349 X6 0.937413 0.982757 0.944529 0.972965 0.983349 1.000000

correlation for y,x2=0.9472

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