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The following two models were estimated to analyze the demand for chicken around Mzumbe university campus. I.Qc = 43.310 –15.29...Asked by Evaristi Paulo
The following two models were estimated to analyze the demand for chicken around
Mzumbe university campus.
I.Qc = 43.310 –15.298Pc –9.86Pb + 39.8Pf + 1.87Y
Where Qc = quantity of chicken demanded in 2012.
Pc=price ofchicken.
Pb = price of beef.
Pf = price of fish.
Y=income.
aAre induvidual partial slope coefficients are statistically significant? Show your working clearly
Mzumbe university campus.
I.Qc = 43.310 –15.298Pc –9.86Pb + 39.8Pf + 1.87Y
Where Qc = quantity of chicken demanded in 2012.
Pc=price ofchicken.
Pb = price of beef.
Pf = price of fish.
Y=income.
aAre induvidual partial slope coefficients are statistically significant? Show your working clearly
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