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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
Posted: Sun Jul 03, 2022 3:44 pm
by answerhappygod
- 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 11 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