Regression Analysis: Estimating Market Demand
Run excel regression. 2. Write out, precisely, the estimated equation of demand. 3. What do the values of the Coefficients on the intercept, and others mean? Step 2 Questions: Elasticities. 4. Transform your original dataset to ln dataset and run Excel regression on the new dataset. 5. What is the price elasticity of demand for your product? 6. ................
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