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Expon 2 The executive vice-president of a drug manufacturing firm believes that the demand for the firm's most popular drug has been evidencing an exponential
Expon 2 The executive vice-president of a drug manufacturing firm believes that the demand for the firm's most popular drug has been evidencing an exponential trend since 1995- She uses lvlicrosoft Excel to obtain the partial output below. The dependent variable is the log base 19 of the demand for the drug, while the independent variable is years. where 1985 is coded as 9, 1996 is coded as 1I etc. SUMMARY OUTPUT Regression Statistics: lvlultiple R 9.996 R Square 9.992 Adjusted Ft Square 9.991 Standard Error 9.92331 Observations 22 Coefficients Intercept 1.44 Coded Year 9.999 The fitted value of demand for 1999 is
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