Question

please estimate the demand curve and test reliability (ser, coefficient of varation, t-test) of a linear regression model if possible

Table 5.3 Sample Data: The Demand for Pizza College eaicesPsficeTuition PsotdrinkUrban Residential 97.3 17.92 2.07 101.226.36 14.57 7.70 14.56 9.00 9.89 98.8 110.8 91.9 100.0 100.8 122.9 149.1 102.4 87.8 80.2 75.2 99.6 123.5 131.2 79.2 88.5 94.1 101.6 90.0 94.3 98.4 13.08 13.90 95.0 109.6 8.93 8.05 126.4 3.98 126.417.48 3.18149.4 20.46 15.07 11.86 13.10 13.87 12.02 10.19 6 78.8 29.26 75.7 13.96 91.9 12.17 103.4 101.6 113.0 20.69 121.7 3.76 18.72 15 16 17 9.88 11.94 1126 20.7 10.93 11.99 10,00 17.63 150.1 21.91 100.3 51.4 145.3 1871 150525.01 29.7 123.0 24.15 104.5 22.87 17.97 8.00 20 8.12 9,86 11.00 11.91 13.12 18.44 99.8 100.9 112.1 24.3 25 18.75 10.02 8.91 7.96 7.89 4.96 82.0 100.3 18.63 109.4 128.1 SS.I 148.713.83 27 28 29 30 6.35 13.99 8.83 97.1 CHAPTER 5 Demand Estimation and Forecasting 119 Table 5.3 Sample Data: The Demand for Pizza College Qsice, Pace Tuition Pseedi* Urban Residential 17.92 12.07101.226.36 91.0 1457 13.08 3.90 8.93 100.0 100.8 122.9 109.6 14.56 126.4 1264 17.48 3.18 149.4 20.46 78.8 29.26 75.7 13.96 91.9 12.17 15.07 1024 13.87 12.02 103.4 101.618.72 10.19 113.0 20.69 17.63 112620.71 150.121.91 11.99 100.3 17.97 18.00 12 145.3 1871 18 150525.01 10.93 10.00 98.4 1180 123.0 2415 104.5 22.87 82.0 18.75 100.318.63 10.02 112.1 109.4 128.1 155.I 13.99 4.96 148.713.83 Y- Average quantity of slices per month, Quice X,-Average price per slice (in cents), Pice x2 Tuition (in $000) x, Average price per soft drink (in cents), PoMik x, Urban dummy variable X, Residential dummy variable

Answer 1

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