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spartanag07

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tT
发表于 2013-4-13 23:48 | 只看该作者

Economics Reading 24

equation, understand, anybody
In CFAI Book 3 page 161
In the middle of the page, there is an equation-
% change in S&P Index Sales = -2.66 + 1.76 (% change in GDP) (.90)(1.55)
I do not understand the derivation of it or the numbers in there.
Can anybody explain?

 

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wizofoz

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发表于 2013-4-13 23:49 | 只看该作者
Looks regressiony to me.

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Makavelim3

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发表于 2013-4-13 23:49 | 只看该作者
It does. Similar problem showed up on PM exam last year also. I do not get the numbers though.

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