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PLEASE ESTIMATE THE DEMAND OF THE PRODUCT WHEN THE PRICE IS 15. (PLEASE EXPLAIN YOUR PEASON)

PLEASE ESTIMATE THE DEMAND OF THE PRODUCT WHEN THE PRICE IS 15. (PLEASE EXPLAIN YOUR PEASON)

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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TABLE BELOW SHOWS THE REGRESSION ESTIMATION RESULT FOR THE PRICE AND DEMAND VARIABLES INCLUDED IN THE PREVIOUS QUESTION. PLEASE ESTIMATE THE DEMAND OF THE PRODUCT WHEN THE PRICE IS 15. PLEASE EXPLAIN YOUR PEASON) Intersection (c) Price A32.13 OC685 0.451.5 Coefficients Standard t Stat Error 2,142429 14,04948 0,000781 0,206155 -7,5186 0,004876 30,1 -1,55 P-Value
Transcribed Image Text:TABLE BELOW SHOWS THE REGRESSION ESTIMATION RESULT FOR THE PRICE AND DEMAND VARIABLES INCLUDED IN THE PREVIOUS QUESTION. PLEASE ESTIMATE THE DEMAND OF THE PRODUCT WHEN THE PRICE IS 15. PLEASE EXPLAIN YOUR PEASON) Intersection (c) Price A32.13 OC685 0.451.5 Coefficients Standard t Stat Error 2,142429 14,04948 0,000781 0,206155 -7,5186 0,004876 30,1 -1,55 P-Value
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