Economic Variables
Economic Variables Note: The following is a regression equation. Standard errors are in parentheses for the demand for widgets. QD = -2,000 – 100P + 15A + 25PX + 10I (5,234) (2.29) (525) (1.75) (1.5) R2 = 0.85 n = 120 …
Economic Variables Note: The following is a regression equation. Standard errors are in parentheses for the demand for widgets. QD = -2,000 – 100P + 15A + 25PX + 10I (5,234) (2.29) (525) (1.75) (1.5) R2 = 0.85 n = 120 …