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Economic Principles and Decision Making- PDF

   

Added on  2021-01-02

7 Pages771 Words64 Views
Statistics and Probability
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ECONOMIC PRINCIPLES ANDDECISION MAKING
Economic Principles and Decision Making- PDF_1

TABLE OF CONTENTSPROBLEM A...................................................................................................................................3PROBLEM B...................................................................................................................................4PROBLEM C...................................................................................................................................5REFERENCES................................................................................................................................6
Economic Principles and Decision Making- PDF_2

PROBLEM A 1.Regression Null hypothesis (H0): There is no significant difference in the mean value of tariff rates andaverage demand of energy bars.Alternative hypothesis (H1): There is a statistical significant difference in the mean value oftariff rates and average demand of energy bars.SUMMARY OUTPUTRegression StatisticsMultiple R0.006729R Square4.53E-05Adjusted R Square-0.05258Standard Error25.19192Observations21ANOVAdfSSMSFSignificance FRegression10.5459510.5459510.000860.976907Residual1912058.03634.6329Total2012058.57CoefficientsStandard Errort StatP-valueLower95%Upper95%Lower95.0%Upper95.0%Intercept114.70720.004565.7340421.59E-0572.83697156.57772.83697156.577
Economic Principles and Decision Making- PDF_3

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