The production of automobile tires in any given year is related to the number of automobiles produced this year and in prior years. Suppose our econometric model resulted in the following data. What is the equation for our model? A) Y^'= -50000 + 5.00X₁+ 0.25X₂+ 0.67X₃+ 2.12X₄+ 3.44X₅ B) Y^'= 0.25X₂+ 0.67X₃+ 2.12X₄- 3.44X₅ C) Y^'= 5.00X₁- 0.25X₂- 0.67X₃+ 2.12X₄+ 3.44X₅ D) Y^'= 10.4X₁+ 0.6X₂+ 1.4X₃+ 2.7X₄+ 6.5X₅

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The Answer of The production of automobile tires in any given year is related to the number of automobiles produced this year and in prior years. Suppose our econometric model resulted in the following data. What is the equation for our model? A) Y^'= -50000 + 5.00X₁+ 0.25X₂+ 0.67X₃+ 2.12X₄+ 3.44X₅ B) Y^'= 0.25X₂+ 0.67X₃+ 2.12X₄- 3.44X₅ C) Y^'= 5.00X₁- 0.25X₂- 0.67X₃+ 2.12X₄+ 3.44X₅ D) Y^'= 10.4X₁+ 0.6X₂+ 1.4X₃+ 2.7X₄+ 6.5X₅

The Production of Automobile Tires in Any Given Year Is