Question: 22. Refer to Problem 20. Consider only the variables chicken consumption, income, and chicken price in the original units. Compute simple differences for each of

22. Refer to Problem 20. Consider only the variables chicken consumption, income, and chicken price in the original units. Compute simple differences for each of the variables. Using the differenced data, regress the change in chicken consumption on the change in income and the change in chicken price. Examine the residuals. Interpret the results of your regression analysis. Do either of the predictor variables have much explanatory power? Explain.

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