Compute Vote Predictions: Input Values
The equation to predict the 2004 election is
VOTE = 55.57 + .691*GROWTH - .775*INFLATION + .837*GOODNEWS
Value to be computed:
? Republican share of the two-party presidential vote in 2004 (V0TE)
Your input values:
growth rate of real per capita GDP in the first 3 quarters of 2004 (annual rate) (GROWTH)
growth rate of the GDP deflator in the first 15 quarters of the Bush administration,
2001:1-2004:3 (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)