### Regression Anaylsis

1. Suppose QD= 60 - 50PC QS= -66 + 90PC (a) Calculate the equilibrium price and quantity. 2. Interpret the results: of the following Mutiple R 0.980 R square 0.961 Adjusted R square 0.952 Standard error 5.255 Observations 12.000 (i) determine significance of