Quantitative Demand Analysis PDF

Added on - 31 Oct 2019

  • 8

    Pages

  • 1409

    Words

  • 185

    Views

  • 0

    Downloads

Trusted by +2 million users,
1000+ happy students everyday
Showing pages 1 to 3 of 8 pages
Running head: ECONOMIC ASSIGNMENTEconomic AssignmentCourse TitleName of the StudentName of the UniversityAuthor note
1ECONOMIC ASSIGNMENTTable of ContentsEstimation of linear and log linear demand function.......................................................................2Linear demand function...............................................................................................................2Log linear demand function.........................................................................................................3Interpretation of Estimated demand functions.................................................................................4Recommendation to senior management.........................................................................................5Summary of analysis and recommendation.....................................................................................5Bibliography....................................................................................................................................7
2ECONOMIC ASSIGNMENTEstimation of linear and log linear demand functionLinear demand functionRegression StatisticsMultiple R0.951R Square0.905Adjusted R Square0.889Standard Error431.077Observations36.000ANOVAdfSSMSFSignificanceFRegression553255251.2210651050.2457.3170.000Residual305574833.625185827.7875Total3558830084.85CoefficientsStandardErrort StatP-valueLower95%Upper95%Intercept54173.11847064.6311.1510.259-41945.682150291.918P-466.88456.986-8.1930.000-583.266-350.5025821M0.1360.0741.8490.074-0.0140.287053201N-0.0010.002-0.8970.377-0.0050.001762349A0.0520.0173.1410.0040.0180.085700746P_h439.132417.5591.0520.301-413.6381291.901619Estimated linear demand equation:Q=54173.118(466.884P)+(0.136M)(0.001N)+(0.052A)+(439.132Ph)
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Click the button to download
Subscribe to our plans

Download This Document