- Randoni Let The Variable Y Indicates Per Capita Consumption Of Chickens In Kg The Variable X Indicates Real Retail 1 (166.76 KiB) Viewed 12 times
randoni Let the variable Y indicates per capita consumption of chickens (in kg), the variable X,, indicates real retail
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randoni Let the variable Y indicates per capita consumption of chickens (in kg), the variable X,, indicates real retail
randoni Let the variable Y indicates per capita consumption of chickens (in kg), the variable X,, indicates real retail price of chicken per kg (in TK) and the variable X₂ indicates per capita real disposable income (in TK). Let for the sample observations the equation is given by; Y-A-BX-B.X₂ +e, (i= 1, 2,.........,n) Here given that, 15 y=533.5: EX₁ - 610.2; X₂=9776, X=25071.296, X²-6961509.367, Y²-19256.220 MI 15 1-1 15 1-1 15 15 EX X= 404775.22, X, Y=21804.41, X, Y-360655.11 and 1-1 15 Residual Sum of Squares = e = 14.721 i-1 i-l 1-1 Requirements: (:) Write the given equation in matrix form and hence obtain (X'X) and (X'Y) in terms of observations of the variables. (Bo (i) Obtain B-A in terms of numerical values and comment on your results. B₂ (ii) Obtain var(B) in terms of numerical values 76 (v) Obtain R² and comment on your result.