Solution-Test for a linear trend in reserves and for

Test for a linear trend in reserves and for seasonal effects

Reference no: EM13891768

1. Table gives the aggregate reserves of U.S. depository institutions R from the ?rst quarter of 1995 to the third quarter of 2000.

(a) Test for a linear trend in reserves and for seasonal effects.

(b) What is the value of the intercept for each season (use the 10% signi?cance level)?

Table Aggregate Reserves of U.S. Depository Institutions (in Millions of Dollars)

Year	I	Quarter II III		IV
1995	57,571	57,031	57,162	57,896
1996	54,878	53,742	51,045	51,174
1997	47,551	46,606	46,060	47,919
1998	45,591	45,094	44,199	45,209
1999	43,229	42,331	41,314	41,655
2000	39,752	39,217	39,257

Reference no: EM13891768

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Test for a linear trend in reserves and for seasonal effects

Reference no: EM13891768

Reference no: EM13891768

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