Economics Assignment with Regression Analysis and Free Trade Agreement

Running head: ECONOMICS ASSIGNMENT
Economics Assignment
Name of the Student
Name of the University
Author note

1
ECONOMICS ASSIGNMENT
Table of Contents
PROBLEM A.............................................................................................................................2
PROBLEM B.............................................................................................................................4
PROBLEM C.............................................................................................................................5
REFERENCE LIST...................................................................................................................6

2
ECONOMICS ASSIGNMENT
PROBLEM A
1. The results of regression shows that, there will be also increase in the average demand
of energy bars per person by 4 units when there will be rise in stores selling energy bars
(Bond, Riezman & Syropoulos, 2013). When there is an increases in rate of tariff of energy
bars that are imported, then the demand for energy bars will decrease because the coefficient
of tariff rate of imports is negative.
By running a regression analysis with the help of MS Excel the following output is retrieved:
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.9559
33
R Square
0.9138
07
Adjusted R Square
0.8985
97
Standard Error
7.8191
35
Observations 21
ANOVA
df SS MS F
Significa
nce F
Regression 3 11019.21
3673.
07
60.07
749
2.95E-
09
Residual 17 1039.361
61.13
888
Total 20 12058.57
Coeffic Standard t Stat P- Lower Upper Lower Upper