Now create a time trend variable in Column C. Estimate a new linear trend model with CO 2 as the dependent variable (Y) and the time trend you created as the independent variable (X).

What is the interpretation of the intercept?

Question

Now create a time trend variable in Column C. Estimate a new linear trend model with CO 2  as the dependent variable (Y) and the time trend you created as the independent variable (X). 
  
 What is the interpretation of the intercept?

Answer

In year 1, China’s CO 2  emissions were estimated to be -2071.5 million tonnes.

Answer

In 1954, China’s CO 2  emissions were estimated to be -2071.5 million tonnes.

Answer

In year 0, China’s CO 2  emissions were estimated to be -2071.5 million tonnes.

Answer

In 1955, China’s CO 2  emissions were estimated to
be -2071.5 million tonnes.

Crowdly

Now create a time trend variable in Column C. Estimate a new linear trend model ...

Want instant access to all verified answers on learning.monash.edu?