1.2
1.1
1
0.2
LN Q ua ntity
1.2
LN
Quantity
0.4
0.6
0.8
1
LN Price
1.2
1.4
1.1
1
4.385
LN
Quantity
4.39
4.395
4.4
LN Income
4.405
.8
1
Price
LN
Quantity
1.2
1.4
395
4.4
Income
LN
Quantity
4.405
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.970326077
R Square
0.941532695
Adjusted R Square
0.938990639
Standard Error
0.003077832
Observations
49
Notes
p value
t stat
ANOVA
df
Regression
Residual
Total
Intercept
Price
Income
2
46
48
SS
MS
F
Significance F
0.0070173008 0.0035086504 370.3823 4.355125E-029
0.0004357604 9.47305E-006
0.0074530612
Regression Function
ln Qd = 1.29 - 0.072 ln P - 0.0313 ln M
LN Qua ntity
1.15
1.1
LN
Quantity
1.05
Upper 95%
2.1223718288
-0.066640448
0.1583170551
Lower 95.0%
0.4581572302
-0.077543232
-0.220944374
Upper 95.0%
2.1223718288
-0.066640448
0.1583170551
LN Quantity
1
0.2
0.4
0.6 0.8
1
LN Price
1.2
1.4
tity demanded
uantity demanded
LN
Quantity
1.05
1
4.385
4.39 4.395
4.4
LN Income
4.405
8
1
rice
LN
Quantity
1.2
1.4
5
4.4
ome
LN
Quantity
4.405