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Load the dataset called ec122a.csv and decide the appropriate regression to run. Write down what transformations, corrections, etc... you make and why.
y1 x15.347878758 -0.930542578-69.44110024 -14.3360876817.66476989 1.81741420898.65114667 16.8769469914.79659009 1.441478611-34.53026553 -8.0073784593.08997094 15.960198149.216932058 0.67736714482.60075111 13.94035248115.7981139 21.2544523210.3870497 38.2407928725.53810654 2.87106608103.8321406 18.1287219769.98871025 11.98941729115.531925 20.80167988121.344292 22.0189019292.73418126 15.95082451141.3368312 25.3838968143.96760847 6.627838431170.3124982 30.6056891100.141723 18.07441566135.1275265 25.1557427335.49106156 5.34067840949.08861624 7.666301802183.2330588 33.67478881133.8996698 31.04847768119.4723866 19.67743214158.3820123 38.79481249158.2657512 32.34495308143.8934387 31.31839907209.5541526 39.04705927269.6967412 47.02609084214.2778353 39.46210377137.4487281 32.19515025207.1423319 30.4353134195.5302794 37.88951197260.6133658 47.57776489193.3585644 32.54438767214.3550323 35.39687386236.2462954 46.85739498179.510295 40.16597219212.2029972 42.96600845207.2630019 38.35632342189.5370809 36.9994191293.7752011 52.18388283275.8168686 46.9729304213.7777301 51.62341054234.5157107 54.77135643305.7551645 58.22817991247.5740289 48.26121356216.4872019 44.48057022298.939399 59.5098241294.087516 59.73239921242.4707109 56.24233872314.2166642 52.09946329198.6418357 45.55247034451.5017391 71.73712791334.6397647 56.30033876325.5397116 61.37532021334.3609993 65.65095955375.5016921 69.0188963279.9239427 50.82003332391.7471591 84.43876551256.7554261 61.84252079335.3483647 78.29722914326.8626545 67.27018638409.1990617 67.02263944315.2786023 62.6960929389.1157991 67.39885464324.5584983 74.46138195277.8602629 51.11520206348.2209528 73.43184999394.1015917 69.68283875378.574745 70.33903001345.1292913 65.14434869431.3883837 86.53858814461.2463404 80.77782163393.1285873 79.48754349457.4136172 93.35355915490.030081 86.14697907445.0136118 88.28584593502.4332269 90.18402149531.9194021 84.58453379459.430686 101.5844764524.5345881 93.72181224384.8318203 88.39970312369.2556461 64.05937079460.0115502 94.61728256581.8494484 100.291462487.2384874 86.27712908554.3895438 106.0543582476.1382136 77.22185093360.4342344 84.29536632497.0642852 98.56921723559.6200173 104.3948843570.2747244 113.8670233526.0063913 110.5503116668.8532939 118.103935567.238946 105.3303107551.5252361 104.2587505
This document contains various important questions and their appropriate answers in the subject field of Economics.
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