Question: A simple regression analysis to estimate the demand for Chick-fil-A's new premium super-sized spicy chicken sandwich is Q= 48-2p. If Chick-fil-A sets the price at
A simple regression analysis to estimate the demand for Chick-fil-A's new premium super-sized spicy chicken sandwich is Q= 48-2p. If Chick-fil-A sets the price at $12 and Q=20, calculate the regression's error term? Also, list five assumptions of the classical linear regression model
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