The production of car tires in any given year is related to the number of cars produced that year and in prior years. Suppose our econometric model resulted in the following data. Which variable in the model is the most significant predictor of tire production?

Question

The production of car tires in any given year is related to the number of cars produced that year and in prior years. Suppose our econometric model resulted in the following data.  Which variable in the model is the most significant predictor of tire production?

Quizplus · Accepted Answer

The Answer of The production of car tires in any given year is related to the number of cars produced that year and in prior years. Suppose our econometric model resulted in the following data.  Which variable in the model is the most significant predictor of tire production?

The Production of Car Tires in Any Given Year Is