Question: 21. Repeat parts b and c of Problem 20 with the log-transformed data. Give an interpretation of the coefficients of income and chicken price in

21. Repeat parts b and c of Problem 20 with the log-transformed data. Give an interpretation of the coefficients of income and chicken price in terms of elasticities. Using your final fitted regression function, indicate how a forecast of the following year’s chicken consumption would be obtained.

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