NEED HELP - OLS Data Processing & Making Inferences
Posted: Mon Mar 25, 2013 9:29 pm
Dear friends,
I'm a new student in econometrics and is helping myself to use the eviews effectively.
I've done the following:-
1. I've entered the following into the workfile, where the data were obtained from WDI databank:-
- Gross Fixed Capital Formation (% of GDP)
- GDP (Constant LCU)
- Market Capitalization of Listed Companies (% of GDP)
2. I converted all the above into natural log
Assistance Needed:-
1. How to interpret the correlation coefficient?
2. How to interpret the P value and R Square
3. How to improve the model by adding other VAR?
Anyone who is able to assist?
Thanks in advance
Ahmad :D
I'm a new student in econometrics and is helping myself to use the eviews effectively.
I've done the following:-
1. I've entered the following into the workfile, where the data were obtained from WDI databank:-
- Gross Fixed Capital Formation (% of GDP)
- GDP (Constant LCU)
- Market Capitalization of Listed Companies (% of GDP)
2. I converted all the above into natural log
Assistance Needed:-
1. How to interpret the correlation coefficient?
2. How to interpret the P value and R Square
3. How to improve the model by adding other VAR?
Anyone who is able to assist?
Thanks in advance
Ahmad :D