The Model 101
TABLE 6.2 (Continued)
1972 1973 1974 1975Variable Coeff T-Stat Coeff T-Stat Coeff T-Stat Coeff T-Stat
Intercept 0.186 13.63 0.153 13.6 0.158 12.64 0.144 15.86
PKL 0.006 0.12 0.05 1.36 0.029 0.79 0.085 3.27
CAK –0.256 –10.94 –0.212 –11.88 –0.232 –12.6 –0.205 –13.66
D2sales 0.069 3.07 0.048 2.11 0.062 2.49 –0.058 –3.34
DS –0.764 –4.83 –0.656 –4.32 –0.344 –1.75 –0.012 –0.07
FS 0.231 6.66 0.106 4.4 0.096 2.75 0.563 12.71
F-Statistic 39.62 34.68 38.86 73.1
Adj R2 0.29 0.25 0.27 0.39
1976 1977 1978 1979Variable Coeff T-Stat Coeff T-Stat Coeff T-Stat Coeff T-Stat
Intercept 0.103 8.76 0.128 12.26 0.178 13.03 0.119 9.88
PKL 0.064 1.52 0.005 1.44 0.046 1.24 –0.059 –1.62
CAK –0.047 –5 –0.11 –7.85 –0.247 –11.74 –0.093 –7.32
D2sales –0.129 –4.66 –0.104 –4.5 –0.009 –0.33 –0.065 –4.98
DS –0.609 –2.09 0.937 3.88 0.178 0.65 1.653 7.05
FS 0.75 15.13 0.659 13.46 0.141 7.27 0.797 25.11
F-Statistic 57.82 54.95 37.17 157.41
Adj R2 0.33 0.32 0.24 0.57
1980 1981 1982 1983Variable Coeff T-Stat Coeff T-Stat Coeff T-Stat Coeff T-Stat
Intercept 0.159 12.09 0.203 12.58 0.118 10.09 0.103 10.76
PKL –0.042 –1.15 –0.157 –3.34 –0.061 –1.46 –0.022 –0.69
CAK –0.187 –8.53 –0.209 –8.46 –0.083 –5.16 –0.025 –3.79
D2sales 0.013 0.59 0.029 1.03 0.052 2.49 –0.088 –9.02
DS 0.128 0.5 0 0 0.377 1.35 0.027 0.1
FS 0.935 14.44 0.974 19.23 0.684 14.54 0.265 10.84
F-Statistic 70.31 117.78 55.63 27.24
Adj R2 0.36 0.48 0.3 0.16
(Continued)