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Multiple Regression

Autor:   •  March 7, 2015  •  Study Guide  •  362 Words (2 Pages)  •  779 Views

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Illustration:

The table below shows the quantity demanded for margarine (Qx) with its price (Px), the consumers’ income (I), the price of related good which is butter (Py), and the advertising cost for margarine (A).

Year

Quantity Demanded (Qx)

Price (Px)

Income (I)

Price of Related Goods (Py)

Advertisement (A)

1

19

$13

$16

$14

$60

2

24

8

29

12

70

3

27

11

14

16

80

4

30

8

21

10

90

5

24

9

29

12

100

6

34

6

28

9

110

7

39

7

16

11

120

8

41

8

28

16

130

9

20

10

14

11

140

10

39

4

23

13

150

11

45

9

39

14

160

12

45

5

30

8

170

13

46

6

29

9

180

14

49

7

30

13

190

15

49

3

18

15

200

16

52

5

20

13

210

17

35

10

18

18

220

18

57

6

31

9

230

19

58

4

39

8

240

20

61

2

33

10

250

SUMMARY OUTPUT

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