Suppose you have the following estimation results from the quarterly data of 1960 Q1 to 1978 Q4: yt = 2:20 + 0:304x1t 3:48x2t + 0:34x3t (3:4) (0:078) (2:2) (0:15) where the standard errors are in parentheses, Residual Sum of Squares (RSS)=18.20, and Ex- plained Sum of Squares (ESS)=107.12. Do the following questions. (a) Determine the sample size.

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step-by-step explanation:

the x's and the y's both go up the same amount each time, therefore it will be a linear function because it will go in a straight line when drawn on a graph.

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d. $180

step-by-step explanation:

if the dimensions of the room is 9ft by 12 ft, we have the area of the floor as,

so the area of the floor is 108 square feet, converting that into square yards we get,

the cost of carpet is $15 per square yard, therefore the cost of carpet for 12 square yards is,

hence, the cost of carpet is $180.

assuming the dimensions of the room be,

15 ft by 12 ft

so, the area of the floor of that room is,

we can convert 180 square feet into square yards, we know that,

1 sq ft = 0.111 sq yard

so, 180 square feet is,

so the area of floor is 20 square yards.

now, the cost of carpet is 15 dollars per square yard, therefore the cost of carpet for 20 square yards is,

so, it will cost $300.