Access the file QUANTITY OF TEA. It contains data for the amount of tea purchased in 50
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Access the file QUANTITY OF TEA. It contains data for the amount of tea purchased in 50 different cities during a selected month of the year 2009 in Ireland and the prices of both tea and coffee. Estimate and discuss a model to explain the quantity of tea based on the prices of tea and coffee. Determine the price elasticities associated with each commodity. Explain the signs of the coefficients for both prices.
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Ali Khawaja
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Related Book For 
Introductory Regression Analysis With Computer Application For Business And Economics
ISBN: 9780415899338
1st Edition
Authors: Allen Webster
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