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2. Consider the following regression model and results and answer the questions that follow (II) marks) lnY=0+2lnX2+3lnX3+4lnX4+ Where: Y= Quantity of Roses sold, X2= Average Weekly Family Disposable Income, x3= Average Wholesale price of roses, x4 = Average Wholesale price of camations (a subutitute of roses), for the Period, 1971Q3 to 1975Q3. Degendent varable Locm Marhod Leasi Squares Sample 19601982 (2) a) What type of model was eshimated above? (6) b) Interpret the slope coefficients of the model c) Are the resulis in line with a priori expectations? Explain your answer 2. Consider the following regression model and results and answer the questions that follow (II) marks) lnY=0+2lnX2+3lnX3+4lnX4+ Where: Y= Quantity of Roses sold, X2= Average Weekly Family Disposable Income, x3= Average Wholesale price of roses, x4 = Average Wholesale price of camations (a subutitute of roses), for the Period, 1971Q3 to 1975Q3. Degendent varable Locm Marhod Leasi Squares Sample 19601982 (2) a) What type of model was eshimated above? (6) b) Interpret the slope coefficients of the model c) Are the resulis in line with a priori expectations? Explain your