i. Mary estimated the covariates of GDP growth for Somalia and found the following results:
Use Mary’s results to answer the following questions:
a) State the hypotheses (4mks)
b) Interpret the F statistic (2mks)
c) Interpret the R-squared (2mks)
d) Interpret the coefficients (p value at 5%) (9mks)
e) If lending rate is 10, credit 100 and inflation 5, what is the estimated GDP growth? (3mks)