b) Given below are the data showing profits in any business and the investment amount per year. Year 2007 2008 2009 2010

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b) Given below are the data showing profits in any business and the investment amount per year. Year 2007 2008 2009 2010

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B Given Below Are The Data Showing Profits In Any Business And The Investment Amount Per Year Year 2007 2008 2009 2010 1
B Given Below Are The Data Showing Profits In Any Business And The Investment Amount Per Year Year 2007 2008 2009 2010 1 (163.1 KiB) Viewed 9 times
b) Given below are the data showing profits in any business and the investment amount per year. Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Required: i. ii. iii. iv. V. profit (in millions) 46 54 56 64 58 60 62 64 58 63 investment amount (in millions) 49 58 59 62 62 64 64 72 61 62 Estimate a linear log model of Y on X. Find coefficients of determination and interpret the result. Interpret R² and adjusted R². Calculate 95% confidence interval for the regression constant and the coefficient. Calculate the price and income elasticity of demand. +10=151
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