Вы находитесь на странице: 1из 1

A)No we cannotuse the data as to run a reliable regression model because the

assumptions related to regression models is missing.Rergression Model requires


atleast 2 variables which is missing.Assumptions like Linear relationship and
Multivariate normality are missing.
B)Based on these results we see that temporary impact of increase in wages as
good living for workers with a healthy life.On a permanent basis we see the effect as
no job security as employee may be removed at any time without notice in a private
company.
C)I dont believe that prices and wages are covariance stationary.I would like to
change to stochastic model then use a regression model.
I)We are concerned as serial correlation may lead to heteroscedastic data which
may lead to problems associated with heteroscedastic data
J)No I believe there are no endogenty problems
K)One of the consequence is breaking the related assumptions.Second consequence
is using heteroscedastic data will still give an unbiased estimate for the relationship
between the predictor variable and the outcome.

Вам также может понравиться