Compute Vote Predictions: Input Values
The equation to predict the 2008 presidential election is
VOTEP = 46.61 + .680*GROWTH - .657*INFLATION + 1.075*GOODNEWS
The equation to predict the 2008 House election is
VOTEC = 43.37 + .397*GROWTH - .384*INFLATION + .628*GOODNEWS
Values to be computed:
? Republican share of the two-party presidential vote in 2008 (V0TEP)
? Republican share of the two-party House vote in 2008 (V0TEC)
Your input values:
growth rate of real per capita GDP in the first 3 quarters of 2008 (annual rate) (GROWTH)
growth rate of the GDP deflator in the first 15 quarters of the Bush administration,
2005:1-2008:3 (annual rate) (INFLATION)
number of quarters in the first 15 quarters of the Bush administration in which the growth
rate of real per capita GDP is greater than 3.2 percent at an annual rate (GOODNEWS)