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    Assignment: Subject: Name: Roll No: Department: Semester: Session

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    absar ahmed
    This document contains an economics assignment analyzing the relationship between salary (dependent variable) and years of experience (independent variables) using econometric methods in Eviews. It runs three regressions, finding a significant positive relationship between salary and both years at the company and years of seniority based on p-values being less than 0.05. Normality tests and residual analysis also support the validity of the regression model.

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    Assignment: Subject: Name: Roll No: Department: Semester: Session

    Uploaded by

    absar ahmed
    16 views4 pages
    This document contains an economics assignment analyzing the relationship between salary (dependent variable) and years of experience (independent variables) using econometric methods in Eviews. It runs three regressions, finding a significant positive relationship between salary and both years at the company and years of seniority based on p-values being less than 0.05. Normality tests and residual analysis also support the validity of the regression model.

    Original Description:

    Regression run

    Original Title

    The variables

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    This document contains an economics assignment analyzing the relationship between salary (dependent variable) and years of experience (independent variables) using econometric methods in Eviews. It runs three regressions, finding a significant positive relationship between salary and both years at the company and years of seniority based on p-values being less than 0.05. Normality tests and residual analysis also support the validity of the regression model.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    16 views4 pages

    Assignment: Subject: Name: Roll No: Department: Semester: Session

    Uploaded by

    absar ahmed
    This document contains an economics assignment analyzing the relationship between salary (dependent variable) and years of experience (independent variables) using econometric methods in Eviews. It runs three regressions, finding a significant positive relationship between salary and both years at the company and years of seniority based on p-values being less than 0.05. Normality tests and residual analysis also support the validity of the regression model.

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    ASSIGNMENT

    SUBJECT: Basic Econometrics.


    NAME: m.iqbal
    ROLL NO: 0646-BH-ECO-15
    DEPARTMENT: Economics
    SEMESTER: 8th(summer)
    SESSION: 2015-19

    G. C. UNIVERSITY, LAHORE.
    Assignment
    Eviews :
    Dependent Variable: SALARY
    Method: Least Squares
    Date: 07/29/19 Time: 22:16
    Sample: 1 135
    Included observations: 135

    Variable Coefficient Std. Error t-Statistic Prob.

    YEARS_COMP 2.164767 0.345696 6.262052 0.0000


    YEARS_SENIOR 3.538654 0.883619 4.004730 0.0001

    R-squared -0.226760 Mean dependent var 90.61852


    Adjusted R-squared -0.235984 S.D. dependent var 62.57220
    S.E. of regression 69.56453 Akaike info criterion 11.33709
    Sum squared resid 643616.8 Schwarz criterion 11.38013
    Log likelihood -763.2536 Hannan-Quinn criter. 11.35458
    Durbin-Watson stat 2.102845

    Interpretation
    As the p value is less than 0.05 so there is a significant
    relation between regressand and regressor.
    Histogram normality test:
    28
    Series: Residuals
    24 Sample 1 135
    Observations 135
    20
    Mean 13.24341
    Median 4.853363
    16 Maximum 392.9773
    Minimum -159.4195
    12 Std. Dev. 68.01774
    Skewness 1.465425
    8 Kurtosis 9.497643

    Jarque-Bera 285.8020
    4
    Probability 0.000000
    0
    -150 -100 -50 0 50 100 150 200 250 300 350 400
    Interpretation:
    From the graph it is clear that it is normally distributed
    because it is clearly not bell shaped and there is no
    outlier value, that effects the distribution.

    Dependent Variable: SALARY


    Method: Least Squares
    Date: 07/29/19 Time: 22:29
    Sample: 1 135
    Included observations: 135

    Variable Coefficient Std. Error t-Statistic Prob.

    YEARS_COMP 3.189821 0.245049 13.01709 0.0000

    R-squared -0.374690 Mean dependent var 90.61852


    Adjusted R-squared -0.374690 S.D. dependent var 62.57220
    S.E. of regression 73.36413 Akaike info criterion 11.43613
    Sum squared resid 721227.6 Schwarz criterion 11.45765
    Log likelihood -770.9386 Hannan-Quinn criter. 11.44487
    Durbin-Watson stat 2.198692

    Interpretation :
    From the table calculations beta coefficients are giving
    the p value less than 0.05 so it is clearly significant
    relationship between salary and year comp.
    Dependent Variable: SALARY
    Method: Least Squares
    Date: 07/29/19 Time: 22:35
    Sample: 1 135
    Included observations: 135

    Variable Coefficient Std. Error t-Statistic Prob.

    YEARS_SENIOR 7.635600 0.673298 11.34059 0.0000

    R-squared -0.588454 Mean dependent var 90.61852


    Adjusted R-squared -0.588454 S.D. dependent var 62.57220
    S.E. of regression 78.86218 Akaike info criterion 11.58066
    Sum squared resid 833378.7 Schwarz criterion 11.60218
    Log likelihood -780.6946 Hannan-Quinn criter. 11.58941
    Durbin-Watson stat 1.696277

    interpretation:
    result is significant

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