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Airline

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Total Cost Output
Fuel Price Load Factor
1140640
0.952757
106650
0.534487
1215690
0.986757
110307
0.532328
1309570
1.09198
110574
0.547736
1511530
1.17578
121974
0.540846
1676730
1.16017
196606
0.591167
1823740
1.17376
265609
0.575417
2022890
1.29051
263451
0.594495
2314760
1.39067
316411
0.597409
2639160
1.61273
384110
0.638522
3247620
1.82544
569251
0.676287
3787750
1.54604
871636
0.605735
3867750
1.5279
997239
0.61436
3996020
1.6602
938002
0.633366
4282880
1.82231
859572
0.650117
4748320
1.93646
823411
0.625603
569292
0.520635
103795
0.490851
640614
0.534627
111477
0.473449
777655
0.655192
118664
0.503013
999294
0.791575
114797
0.512501
1203970
0.842945
215322
0.566782
1358100
0.852892
281704
0.558133
1501350
0.922843
304818
0.558799
1709270
1
348609
0.57207
2025400
1.19845
374579
0.624763
2548370
1.34067
544109
0.628706
3137740
1.32624
853356
0.58915
3557700
1.24852
1003200
0.532612
3717740
1.25432
941977
0.526652
3962370
1.37177
856533
0.540163
4209390
1.38974
821361
0.528775
286298
0.262424
118788
0.524334
309290
0.266433
123798
0.537185
342056
0.306043
122882
0.582119
374595
0.325586
131274
0.579489
450037
0.345706
222037
0.606592
510412
0.367517
278721
0.60727
575347
0.409937
306564
0.582425
669331
0.448023
356073
0.573972
783799
0.539595
378311
0.654256
913883
0.539382
555267
0.631055
1041520
0.467967
850322
0.56924
1125800
0.450544
1015610
0.589682
1096070
0.468793
954508
0.587953
1198930
0.494397
886999
0.565388
1170470
0.493317
844079
0.577078
145167
0.086393
114987
0.432066
170192
0.09674
120501
0.439669
247506
0.1415
121908
0.488932

572047 0.066953 0.525775 .170906 0.051028 0.213279 0.095474 0.4 4 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 4 5 6 7 8 9 10 11 12 13 14 15 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 309391 354338 373941 420915 474017 532590 676771 880438 1052020 1193680 1303390 1436970 91361 95428 98187 115967 138382 156228 183169 210212 274024 356915 432344 524294 530924 581447 610257 68978 74904 83829 98148 118449 133161 145062 170711 199775 276797 381478 506969 633388 804388 1009500 0.052646 0.11264 0.073961 0.580884 0.17784 0.500562 0.605868 0.604723 0.069027 0.119814 0.256505 0.510342 0.528897 0.495361 0.144014 0.421411 0.249657 0.59457 0.611734 0.518296 0.371131 0.557797 0.475889 0.532723 0.173805 0.645319 0.484181 0.056348 0.616159 0.594688 0.529331 0.050245 0.070308 0.517766 0.587921 0.55714 0.1693 0.442875 0.052462 0.192248 0.186461 0.611377 0.304013 127220 209405 263148 316724 363598 389436 547376 850418 1011170 951934 881323 831374 118222 116223 115853 129372 243266 277930 317273 358794 397667 566672 848393 1005740 958231 872924 844622 117112 119420 116087 122997 194309 307923 323595 363081 386422 564867 874818 1013170 930477 851676 819476 0.500344 0.172761 0.635545 0.242469 0.569327 0.462473 0.519118 0.273923 0.529925 0.554276 0.556024 0.055046 0.583465 0.246847 0.039784 0.580049 0.084946 0.18667 0.092749 0.154154 0.169715 0.448539 0.585525 0.056977 0.164272 0.549067 0.631818 0.150046 0.06149 0.537791 0.556181 0.037682 0.546723 0.044331 0.

Are there significant differences between the airlines. min 3. [ Expla 6. What type of data arrangement was used? [Answer in 2 words] 2. The dependent variable is Total cost which represent explanatory variables are output which represents the revenue in passenger miles Fuel price. For c. Are the independent variables all significant? c. What are the impacts of each of the independent variables? Do they make sense? [ interpret impa . Given the best model. answer the questions below [for a & b explain in 2-3 sentences. is this in accordance with your expectations b. Is there a presence of multicollinearity/autocorrelation/heteroscedasticity in the Pooled OLS model? [ presen 4.Present the Results of the Hausman test and the Breusch Pagan test. there is no max a. the Fixed effects Within group estimator and LSDV-M1 and M-2. do a wald's restricted least squares testing between 7. Given the Results of the Hausman Test and The BP test.We are doing a study between 6 airlines over 15 periods. Present the results for the Pooled OLS model (without corrections) [ What can you say about the model. which model is more appropriate? [ answer in one sentence ] IF your answer is either N 8. 1.Given all the results.the price of fuel and Load factor which represents the average capacity utilization of the fleet. which model should we use? [ Explain w 5.Present the results of the REM model.

Naive and LSDV-m2] nce ] IF your answer is either Naive. in running the model don't forget to check the box labeled "ro entences. For c. Of sentences ] ordance with your expectations?[why or why not?] ey make sense? [ interpret impacts of each significant explanatory variable and include a one sentence explanation about w . maximum of 5 ] he Pooled OLS model? [ present the results and answer Yes/No[ for the presence of each violation] and explain why in one odel should we use? [ Explain why in 3-4 sentences only ] r and LSDV-M1 and M-2.e is Total cost which represent the total cost of the airlines n you say about the model. there is no max no. [ Explain briefly what EACH of these models tell us ] d least squares testing between the [ Naive and LSDV-m1. LSDV-m2 or LSDV-m1 . minimum of 2 sentences.

olation] and explain why in one sentence get to check the box labeled "robust standard errors" ne sentence explanation about why the dummy variables are significant or not ] .

Please present all your explanations[in sentence form!] on either the first 1-2 pages of your paper. The results should be at the appendices. 2. I want to test whether or not you can run the panel data regression models This is to be submitted on oct 31. label each result per question. no free-riders okay? Please learn how to run the models on your own para pag dating sa thesis . Format is font size 12 single space. by the way. para hindi sumabay sa midterms nyo [yay!] please send all your results in PD Now for the format. in the results page [ after your run the test/model] you will see a Oh.Hi class! I made this problem set very easy. times new roman. THIS IS VERY IMPORTANT! Please follow this or I will not check your problem set =( 1. 3. [ don't use windings please!!! =)) ] Tip: to copy your results in gretl to M-word .

ease!!! =)) ] the test/model] you will see a tab labeld "edit" click on copy and select the first option r own para pag dating sa thesis chicken na sainyo =) .com heck your problem set =( pages of your paper. lease send all your results in PDF FORMAT to dsh_214@yahoo.e panel data regression models in gretl.