SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9776236604
R Square 0.9557480215
Adjusted R Square 0.9505419064
Standard Error 0.0662321111
Observations 20

ANOVA
df SS MS F Significance F
Regression 2 1.610633887308 0.80531694 183.581807 3.09334165946E-12
Residual 17 0.074573773209 0.00438669
Total 19 1.685207660517

Coefficients Standard Error t Stat P-value Lower 95%

Intercept -0.5331979656 1.7140662019 -0.31107198 0.75952792 -4.14956153981684
LnP -0.3893571004 0.117842854918 -3.30403655 0.00419339 -0.6379837914038
LnL 0.7689468814 0.190243758849 4.04190332 0.00084676 0.367567635422587

RESIDUAL OUTPUT

Observation Predicted LnQ Residuals

1 4.4149644215 -0.138298302533
2 4.493504331 -0.099055176329
3 4.4917401805 0.008069489831
4 4.5651266055 0.029993244682
5 4.6442820376 0.037849189568
6 4.7254238814 0.110858025565
7 4.7585343415 0.003639593274
8 4.6861819755 0.075991959258
9 4.8728618571 0.032412921334
10 4.9051188152 0.000155963272
11 4.9256391356 0.044174163959
12 5.108475399 0.084481451877
13 5.0464942812 0.041102054006
14 5.1586601777 -0.016996621199
15 5.0921923547 -0.061754433306
16 5.2022632067 -0.00930635577
17 5.1556018133 -0.01393825683
18 5.2652802681 -0.072323417215
19 5.2844649692 0.003802061514
20 5.30260457 -0.060857554957
 LnP Residual Plot
0.15
0.1
0.05
LnL Residual Plot

Residuals
0 0
-0.05 1.2 1.4 -0.01 0 1.6 0.5 1.8 1
-0.5
-0.02
LnP
21.5 Line
22.2 Fit
-0.1

Residuals
-0.15 -0.03 6
-0.2 -0.04
-0.05
5 Ln
4
-0.06 LnP 5.3
-0.07 3

LnQ
-0.08 2 5.25
1 5.2 LnL
0

LnQ
5.15
1.2 1.4 1.6 1.8 2
5.1
5.05 LnP
-0.5 0 0.5 1
Upper 95%
3.08316561
-0.14073041
1.17032613

D-W statistic

0.92476873

dL = 0.86, dU = 1.27

We cannot exclude the existence of positive autocorrelation.

sidual Plot

LnL Residual Plot

0.5 1.8 1 LnP
21.5 Line
22.2 Fit 2.5
Plot
2.4 3 3.5

LnL Line Fit Plot

LnP 5.3 LnQ
5.25 Predicted LnQ
5.2 LnL LnQ
LnQ

5.15 Predicted LnQ

1.4 1.6 1.8 2 2.2 2.4
5.1
5.05 LnP
-0.5 0 0.5 1 1.5 2 2.5 3 3.5
LnL

ve autocorrelation.
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.977623660449929
R Square 0.955748021471518
Adjusted R Square 0.95054190635052
Standard Error 0.0662321111072327
Observations 20

ANOVA
df SS
Regression 2 1.61063388731
Residual 17 0.07457377321
Total 19 1.68520766052

Coefficients Standard Error

Intercept -0.533197965611303 1.7140662019
LnP -0.389357100361401 0.11784285492
LnI 0.768946881428146 0.19024375885

RESIDUAL OUTPUT

Observation Predicted LnQ Residuals

1 4.41496442154955 -0.1382983025
2 4.49350433100112 -0.0990551763
 3 4.49174018049966 0.00806948983
4 4.56512660545245 0.02999324468
5 4.64428203755654 0.03784918957
6 4.72542388138697 0.11085802556
7 4.75853434152346 0.00363959327
8 4.68618197553948 0.07599195926
9 4.87286185710434 0.03241292133
10 4.90511881516651 0.00015596327
11 4.92563913561708 0.04417416396
12 5.10847539901277 0.08448145188
13 5.0464942812265 0.04110205401
14 5.15866017770208 -0.0169966212
15 5.09219235469882 -0.0617544333
16 5.20226320666037 -0.0093063558
17 5.15560181333275 -0.0139382568
18 5.2652802681049 -0.0723234172
19 5.28446496918058 0.00380206151
20 5.30260457001648 -0.060857555
 MS F Significance F
0.80531694365412 183.5818070209 3.093341659E-12
0.004386692541721

t Stat P-value Lower 95%

-0.31107197902879 0.759527916874 -4.14956153982
-3.30403655471738 0.004193394037 -0.6379837914
4.04190332486943 0.000846757658 0.367567635423
 LnQ = lnA + xlnP + ylnI
LnQ = -0.533 - 0.39LnP + 0.77LnI

Q = 0.587 P^-0.39 I^0.77

Upper 95%
3.083165608594
-0.140730409319
1.170326127434
0.77LnI

LnQ
2

0
1.2 1.4 1
 LnP Line Fit Plot
6

LnQ
3
LnQ

Predicted LnQ
2

0
1.2 1.4 1.6 1.8 2 2.2 2.4
LnP

LnI Line Fit Plot

5.28
5.26
5.24
5.22
5.2
5.18 LnQ
LnQ

5.16 Predicted LnQ

5.14
5.12
5.1
5.08
5.06
-0.5 0 0.5 1 1.5 2 2.5 3 3.5
LnI
 5.08
5.06
-0.5 0 0.5 1 1.5 2 2.5 3 3.5
LnI

LnI Residual Plot

0
-0.5 0 0.5 1 1.5 2 2.5 3 3.5
-0.01
-0.02
-0.03
Residuals

-0.04
-0.05
-0.06
-0.07
-0.08
LnI

LnP Residual Plot

0.15
0.1
0.05
Residuals

0
-0.05 1.2 1.4 1.6 1.8 2 2.2 2.4
-0.1
-0.15
-0.2
LnP
Year Q P I LnQ
2000 72 10 2000 4.276666119016
2001 81 9 2100 4.394449154672
2002 90 10 2210 4.49980967033
2003 99 9 2305 4.595119850135
2004 108 8 2407 4.682131227124
2005 126 7 2500 4.836281906951
2006 117 7 2610 4.762173934798
2007 117 9 2698 4.762173934798
2008 135 6 2801 4.905274778438
2009 135 6 2921 4.905274778438
2010 144 6 3000 4.969813299576
2011 180 4 3099 5.19295685089
2012 162 5 3201 5.087596335232
2013 171 4 3308 5.141663556503
2014 153 5 3397 5.030437921392
2015 180 4 3501 5.19295685089
2016 171 5 3689 5.141663556503
2017 180 4 3800 5.19295685089
2018 198 4 3896 5.288267030695
2019 189 4 3989 5.24174701506
140.4 6.3 2971.6

Q P I
Q 1
P -0.96449987 1
I 0.95790128 -0.90894061 1 SEE

F = [R^2/k-1]/(1-R^2)/(n-k)

27766.8
H0: coefficient is not different from 0 t Stat
Ha: the coefficient is different from 0 3.8112010603315
-5.20459929019262
4.50586121560795
Predicted Q Predicted Q - AvgQ Dif^2
77.2453619 -63.1546381387561 3988.508318437
89.6092261 -50.7907739135478 2579.702714737
83.3220765 -57.0779235341152 3257.889354966
95.541257 -44.8587429899698 2012.30682264
107.962995 -32.4370052923364 1052.159312335
120.124302 -20.2756982206161 411.1039383335
123.307343 -17.0926572372328 292.1589314295
106.913394 -33.4866056584277 1121.352758523
138.30445 -2.09555001668016 4.391329872408
141.776858 1.37685832882889 1.895738857665
144.06286 3.66286048962235 13.41654696644
165.867979 25.4679785825688 648.6179330822
159.349335 18.9493350723007 359.0772996823
171.915756 31.5157564509971 993.2429046786
165.020935 24.6209353699655 606.190458492
177.500547 37.1005465400241 1376.450553568
173.470462 33.0704623440376 1093.655479648
186.152631 45.7526306675842 2093.303213004
188.930557 48.5305573439914 2355.214996118
191.621674 51.221673811761 2623.659868078
2808 26884.29847345

t Residuals
1 -5.24536186124
2 -8.60922608645
3 6.677923534115
4 3.45874298997
5 0.037005292336
6 5.875698220616
7 -6.30734276277
8 10.08660565843
9 -3.30444998332
10 -6.77685832883
11 -0.06286048962
12 14.13202141743
13 2.650664927699
14 -0.915756451
15 -12.02093537
16 2.499453459976
17 -2.47046234404
18 -6.15263066758
19 9.069442656009
20 -2.62167381176
2.27373675E-13
Q = AP^xI^y

lnQ = lnA + xlnP + ylnI

 LnP LnI
2.30258509299405 7.60090245954208
2.19722457733622 7.64969262371151
2.30258509299405 7.7007477945118
2.19722457733622 7.74283595543075
2.07944154167984 7.78613643778307
1.94591014905531 7.82404601085629
1.94591014905531 7.86710550031674
2.19722457733622 7.9002660367677
1.79175946922806 7.93773177526011
1.79175946922806 7.97968130238774
1.79175946922806 8.00636756765025
1.38629436111989 8.03883475778775
1.6094379124341 8.07121853996986 H0: The model does not signifi
1.38629436111989 8.10409905614358 Ha: Significanlty Explain
1.6094379124341 8.13064796816058
1.38629436111989 8.16080392095467
1.6094379124341 8.21311069759668
1.38629436111989 8.24275634571448
1.38629436111989 8.26770566476243
1.38629436111989 8.29129585190541 26884.298473

SUMMARY OUTPUT
13442.149237
Regression Statistics
Multiple R 0.98398037813497 0.983980378135
R Square 0.968217384554638 0.968217384555
Adjusted R Square 0.964478253325772 0.964478253326
Standard Error 7.20498816812635
Observations 20 n

ANOVA
df SS MS F
Regression 2 26884.29847345 13442.14923673 258.94180367
Residual 17 882.5015265483 51.91185450284
Total 19 27766.8

k Coefficients Standard Error t Stat P-value

Intercept 114.0737954756 29.93119325635 3.811201060332 0.001396472
P -9.47019060395074 1.819581119683 -5.20459929019 7.158063E-05
I 0.0289367362125755 0.006422021191 4.505861215608 0.0003118182
 Q = 114 -9.47P + 0.029I Predicted Q = 73
RESIDUAL OUTPUT 59

Observation Predicted Q Residuals

1 77.2453618612439 -5.24536186124
2 89.6092260864522 -8.60922608645
3 83.3220764658848 6.677923534115
4 95.5412570100302 3.45874298997
5 107.962994707664 0.037005292336
6 120.124301779384 5.875698220616
7 123.307342762767 -6.30734276277
8 106.913394341572 10.08660565843
9 138.30444998332 -3.30444998332
10 141.776858328829 -6.77685832883
11 144.062860489622 -0.06286048962
12 165.867978582569 14.13202141743
13 159.349335072301 2.650664927699
14 171.915756450997 -0.915756451
15 165.020935369966 -12.02093537
16 177.500546540024 2.499453459976
17 173.470462344038 -2.47046234404
18 186.152630667584 -6.15263066758
19 188.930557343991 9.069442656009
20 191.621673811761 -2.62167381176
2.27373675E-13
Residuals^2
27.5138210553924
74.1187738076495 Residuals
44.59466272749 20
11.9629030706653
15
0.00136939166090053
34.5238295797514 10
39.7825727270317
5
101.739613708625
10.9193896922625 0
0 5 10 15 20
45.9258088090175
-5
0.00395144115556184
199.714029342734 -10
7.02602455893496
-15
0.838609877542793
144.502887168889
6.24726759858527
6.10318419330761
37.8548641316978
82.2547900906276
6.87317357527322
882.501526548293

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.983980378135
R Square 0.968217384555
Adjusted R Square0.964478253326
Standard Error 7.204988168126
Observations 20

ANOVA
df SS
Regression 2 26884.298473
Residual 17 882.50152655
Total 19 27766.8

Coefficients Standard Error

Intercept 114.0737954756 29.931193256
P -9.47019060395 1.8195811197
I 0.028936736213 0.0064220212

RESIDUAL OUTPUT

Observation Predicted Q Residuals

1 77.24536186124 -5.245361861
2 89.60922608645 -8.609226086
3 83.32207646588 6.6779235341
4 95.54125701003 3.45874299
5 107.9629947077 0.0370052923
6 120.1243017794 5.8756982206
7 123.3073427628 -6.307342763
8 106.9133943416 10.086605658
 9 138.3044499833 -3.304449983
10 141.7768583288 -6.776858329
11 144.0628604896 -0.06286049
12 165.8679785826 14.132021417
13 159.3493350723 2.6506649277
14 171.915756451 -0.915756451
15 165.02093537 -12.02093537
16 177.50054654 2.49945346
17 173.470462344 -2.470462344
18 186.1526306676 -6.152630668
19 188.930557344 9.069442656
20 191.6216738118 -2.621673812

= AP^xI^y

Q = lnA + xlnP + ylnI

 Q Q - AvgQ Dif^2
72 -68.4 4678.56
81 -59.4 3528.36
90 -50.4 2540.16
99 -41.4 1713.96
108 -32.4 1049.76
126 -14.4 207.36
117 -23.4 547.56
117 -23.4 547.56
135 -5.4 29.16
135 -5.4 29.16
144 3.6 12.96
180 39.6 1568.16
The model does not significantly epxlai 162 21.6 466.56
Significanlty Explain 171 30.6 936.36
153 12.6 158.76
180 39.6 1568.16
171 30.6 936.36
180 39.6 1568.16
198 57.6 3317.76
See also E68 189 48.6 2361.96
2808 27766.8
Avg Q 140.4

P Residual
258.941803668183
20
15 I
10
Residuals

5 20
0 15
-5 3 4 10 5 6 7
Residuals

-10 5
-15 0
-51500 2000
-10 P
Significance F
-15
1.85614492369808E-13
51.9118545

Lower 95% Upper 95%

50.9244976802069 177.223093
-13.3091711953896 -5.63121001
0.0153874558615809 0.04248602
dicted Q = 73
87.4

D-W Statistic

2.31350589292708

dL = 0.86, dU = 1.27

We cannot be sure that there is no positive autocorrelation.

20 25
 MS F Significance F
13442.1492367259 258.941804 1.85614E-13
51.9118545028407

t Stat P-value Lower 95% Upper 95%

3.8112010603315 0.00139647 50.9244977 177.223093
-5.20459929019262 7.15806E-05 -13.3091712 -5.63121001
4.50586121560795 0.00031182 0.01538746 0.04248602
 P Residual Plot
I Residual Plot
20
15 P Line Fit Plot
3 4 10 5 6 7 8 9 10 11
Residuals

5 250 P Residual Plot

I Line Fit Plot
0 200
-51500 15020
2000 2500 3000 3500 4000 4500
-10 100 15 P 250 I Residual Plot Q
Predicted Q
Q

-15 10 200
Residuals

50 5
15020
00
10015
I P Line Fit Plot Q
Predicted Q
Q

-53 3 4 4 105 56 76 8 7 9 8 10 11
9 10 11
Residuals

50 5 250
-10
-15 0 0
P
200 I Line Fit Plot
1500
-51500 20002000
150 2500 P 2500
3000 3500
3000 4000
3500 4500 4000 4500
250 Q
-10 100 I Predicted Q
Q

-15 200
50 150 I Q
0 100 P
Q

3 4 5 6 7 8 9 10 11
50
0 P
1500 2000 2500 3000 3500 4000 4500
I
50 150 Q
0
100 P

Q
3 4 5 6 7 8 9 10 11
50
0 P
1500 2000 2500 3000 3500 4000 4500
I
t Q
Predicted Q

e Fit Plot
4000 4500 Q
Predicted Q
Q
Predicted Q
9 10 11

000 3500 4000 4500

I
 Q
Predicted Q
9 10 11

000 3500 4000 4500

I