E303lect24F09

# E303lect24F09 - Reading Ch 3 pp 95-107 Collect HW Problem...

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October 21, 2009 Reading: Ch. 3, pp. 95-107 Collect HW Problem Set #7 Friday HW Problem Set #8 Posted – Due Monday Lecture 24 REVIEW___________________________________________________: III. Quantitative Demand Analysis c. Estimating Demand: Regression Analysis. Introduction 3. Doing Regressions with EXCEL a. A bivariate case b. A multivariate case c. Interpreting regression output R 2 Significance of Individual Parameter Estimates 4. Interpreting the Significance of Individual Parameter Estimates. PREVIEW___________________________________________________ 4. Interpreting the Significance of Individual Parameter Estimates. (continued) 5. Forecasting LECTURE_________________________________________________ 4. Interpreting the significance of individual parameter estimates. From the lecture last time, we determined that as a result of regression analysis, you could estimate a demand function of the form Q = 24.207 – 2.069 P + 2.62 P x + 0.197 Adv. R 2 = .82 , n=22 (10.1) (0.97) (0.49)

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## This note was uploaded on 04/12/2010 for the course ECON 303 taught by Professor Shrestha during the Fall '08 term at VCU.

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E303lect24F09 - Reading Ch 3 pp 95-107 Collect HW Problem...

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