Tests for significance of the parameters (t-tests)

Question description

Your job is to provide a statistical and economic interpretation of the results focusing on:

  1. Tests for significance of the parameters (t-tests)
  2. Amount of variation in explained by the equation (adjusted R-squared)
  3. Analysis of Variances (F-test) for significance of entire equation
  4. Evidence of multi-collinearity (inconsistent F and t tests or incorrect economic signs with a significant t tests)
  5. Autocorrelation (Durbin-Watson statistic)

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