Analysis of data for an autoregressive forecasting model produced the following tables. The results indicate that __________.
A)the first predictor,yt-1,is significant at the 10% level
B)the second predictor,yt-2,is significant at the 1% level
C)all predictor variables are significant at the 5% level
D)none of the predictor variables are significant at the 5% level
E)the overall regression model is not significant at 5% level

Question

Analysis of data for an autoregressive forecasting model produced the following tables.   The results indicate that __________.
A)the first predictor,yt-1,is significant at the 10% level 
B)the second predictor,yt-2,is significant at the 1% level 
C)all predictor variables are significant at the 5% level 
D)none of the predictor variables are significant at the 5% level 
E)the overall regression model is not significant at 5% level

Quizplus · Accepted Answer

The table shows that the p-value for the second predictor variable, yt-2, is less than 0.01 (the significance level for the 1% level), indicating that it is statistically significant at this level. The p-value for the first predictor variable, yt-1, is between 0.01 and 0.1 (the significance level for the 10% level), indicating that it is not statistically significant at the 5% level. There is no information given about the significance of all predictor variables together, and the overall regression model cannot be determined from these tables.

Analysis of Data for an Autoregressive Forecasting Model Produced the Following