Write the resulting regression equation. Given: The ATV Company produces a specialty cement used in the construction of roads. ATV is a price-setting firm and estimates the demandfor its cement using a demand function in the linear form:Q = f( P, M, PR)where Qc = demand for cement/month (in yards) Pc = the price of cement per yard, M = country's tax revenues per capita, and PR = the priceof asphalt per yard. The manager of ATV obtained the following results in her attempt to estimate the demand for cement in the succeedingmonths. The results are presented below:R- SQUAREF-RATIODEPENDENT VARIABLEQcP-VALUE ONFOBSERVATIONS640.809384.8720.0001PARAMETERSTANDARD ERRORT-P-VALUEVARIABLEESTIMATERATIOINTERCEPT8.204.012.040.0461PC-3.541.64-2.160.0357M0.642870.193.380.0014PA0.78540.382.070.0439

From the given results, following estimate of the coefficient can be extracted.

Answered: Write the resulting regression…

Math

Statistics

Write the resulting regression equation.

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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