Table 2. Regression Results Dependent Variable: 8; Method: Least Squares Sample (adjusted): 7 1931 Included observations: 1925 after adjustments…

Table 2.2: Regression ResultsDependent Variable: 8;Method: Least SquaresSample (adjusted): 7 1931Included observations: 1925 after adjustmentsVariable Coefficient Std. Error t-Statistic Prob.constant 0.978641 0.045611 21.45606 0.00008t_1 -0.153499 0.045406 -3.380619 0.00078t_2 -0.242749 0.045404 -5.346445 0.00008t – 3 -0.116841 0.045394 -2.573934 0.01018t_4 0.019013 0.045413 0.418670 0.67558t _5 0.015602 0.045412 0.343574 0.7312(d) What is the purpose of the regression in table 2.2? Comment on the results.