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Pascual's Pizza (PP) has collected data on price [:5 per slice) and quantity (of slices) sold over the last ten years. The firm has also

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Pascual's Pizza (PP) has collected data on price [:5 per slice) and quantity (of slices) sold over the last ten years. The firm has also collected data on the price ($ per single scoop ice cream cone) charged by Cow Creamery (CC) and the percentage change of growth in consumer income. The data are as follows: _ _ __ _ a. Provide a linear regression. b. Provide and explain the statistical significance of the independent variables. c. Interpret the R2 and the F statistics. d. Provide a 95% confidence interval for pizza sales if pizza price is $3, ice cream price is $4, and income growth is 2(%). e. According to your results, are ice cream and pizza substitutes or complements? Can you be 99% confident? Explain. f. 15 pizza a normal or inferior good? Can you be 95% confident? Explain. g. You wish to estimate the demand for pizza Q = 0thBl Pa: 32. (Note that you are not including income in your multiplicative demand model.)

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