If the predicted line falls above a point, it means that pce is over-predicted that is, pce — pce hat is negative and if it is beneath a point, it implies that pce is under-predicted that is, pce — pce hat is positive. It is used for testing the overall significance of a model specially in a model where independent variables are more than one. Post by gobbble » Sat Aug 18, pm. Re: unit root interpretation Please Post by EViews Glenn » Tue Mar 06, am In general yes, but in this application it's always the negative tail. The cma factor has a coefficient of
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