Regress the logarithm of expenditure on your category on
Regress the logarithm of expenditure on your category on LGDPI and the logarithm of the relative price series. Give an economic interpretation of the regression coefficients and perform appropriate statistical tests
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sometimes a time trend is included in a regression as an explanatory variable acting as a proxy for some gradual change
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perform a box-cox test to determine whether there is a significant difference in the fit of the linear and logarithmic
regress the logarithm of expenditure on your category on lgdpi and the logarithm of the relative price series give an
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the researcher in exercise 103 discovers that last yearamp39s advertising budget a-1 is also an important determinant
suppose that a-1 in exercise 105 also has an influence on s how would this affect the fitting of the modelexercise
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