Use the following regression output to determine the estimated demand function for roses. Coefficient Standard Error t-stat

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Use the following regression output to determine the estimated demand function for roses. Coefficient Standard Error t-stat p-value Intercept 1664.46 62.13 26.79 0.000 Price of Roses -6.68 4.74 -1.41 0.164 Disposable Income (1) 9.73 0.34 28.62 0.000 O Q Roses = 26.79 - 1.41PRoses + 28.621. O PRoses = 1664.46 - 6.68QRoses + 9.731. O None of these answers are correct. O Q Roses = 1664.46 - 6.68PRoses + 9.731. O PRoses = 26.79 - 1.41QRoses + 28.621

Posted Date: Jun 22, 2024 08:11 PM

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Use the following regression output to determine the estimated demand function for roses. Coefficient Standard Error t-stat

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