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Business Sector

Dependent Variable: X1 Method: Least Squares Date: 04/08/10 Time: 23:11 Sample: 1959 1997 Included observations: 39 Variable C Y1 R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood Durbin-Watson stat Coefficient 57.54843 0.442950 0.886090 0.883011 5.453057 1100.226 -120.4629 0.075899 Std. Error 1.636431 0.026109 t-Statistic 35.16703 16.96519 Prob. 0.0000 0.0000 81.02821 15.94292 6.280150 6.365461 287.8175 0.000000

Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion F-statistic Prob(F-statistic)

Estimation Equation:
X1 = C(1) + C(2)*Y1

Substituted Coefficients: X1 = 57.54843 + 0.442950*Y1

Interpretations:
C(1) = C(1) is the intercept and its value 57.54843 is constant or fix. It is the value of Dependent Variable (X1), when all the other variables are taken as constant or zero. C(2) = C(2) is the coefficient. It explains that if there is 1 unit change in Independent Variable (Y1) there will be 0.44295053 units change in the Dependent Variable (X1) in the same direction.

R-Squared:
R-square means that 88% of the change or variation in X1 (Dependent Variable) is due to change in Y1 (Independent Variable). Or 88 % of change in X1 variable is explained by change in Y1 variable.

S.E of Regression Line:


Standard Error Of regression line shows that the estimated or predicted values are deviating from the actual value of the regression line by 5.4530.It shows that there is error between predicted and actual values.

Non-Business Sector
Dependent Variable: X2 Method: Least Squares Date: 04/08/10 Time: 23:33 Sample: 1959 1997 Included observations: 39 Variable C Y2 R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood Durbin-Watson stat Coefficient 60.86381 0.410943 0.878025 0.874728 5.228151 1011.342 -118.8203 0.071519 Std. Error 1.580995 0.025180 t-Statistic 38.49715 16.31992 Prob. 0.0000 0.0000 82.75128 14.77138 6.195913 6.281224 266.3398 0.000000

Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion F-statistic Prob(F-statistic)

Estimation Equation:
X2 = C(1) + C(2)*Y2

Substituted Coefficients: X2 = 60.86381 + 0.410943*Y2

Interpretations:
C(1) = C(1) is the intercept and its value 60.86381 is constant or fix. It is the value of Dependent Variable (X1), when all the other variables are taken as constant or zero.

C(2) = C(2) is the coefficient. It explains that if there is 1 unit change in Independent Variable (Y1) there will be 0.410943 units change in the Dependent Variable (X1) in the same direction.

R-Squared:
R-square means that 87% of the change or variation in X2 (Dependent Variable) is due to change in Y2 (Independent Variable). Or 87 % of change in X2 variable is explained by change in Y2 variable.

S.E of Regression Line:


Standard Error Of regression line shows that the estimated or predicted values are deviating from the actual value of the regression line by 5.228.It shows that there is error between predicted and actual values.