http://www.principlesofeconometrics.com/poe5/poe5rdata.html (R )

1. Consider the supply and demand for fish at the Fulton Fish Market. The data are in the file fulton fish. Estimate the strength of RAINY and COLD as IV's for o2 in the Demand equation (hint: use reduced form). Demand : In (Q.) = a1 + 02In (PRICE) + a3MON, + aATUE, tosWED, + 06THU, + er Supply : In (Q.) = B1 + 82 In (PRICE) + 83MON, + BATUE, + B;WED, + BeTHU, +BRAINY+ + B:COLD, +e; a. Since F = 3.5088 10, we reject the null hypothesis that the IVs are weak. O c. Since F = 11.34 > 10, we fail to reject the null hypothesis that the IVs are weak. O d. Since F = 3.5088