Business

Ayanna Lewis

3 March, 06:38

Here, q is tile sales (in thousands of cases), p is tile price (per case), a is advertising expenditures (in thousands of dollars), i is disposable income per household (in thousands of dollars), and hf is household formation (in hundreds).

a. fully evaluate and interpret these empirical results on an overall basis using r2, __ r 2, f statistic and see information.

b. is quantity demanded sensitive to "own" price?

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