Below is information about the model showing the relationship between tourisme expenditures (one hundred million S) and the mmber of tourists coming to the country deed heads in 2002 for 17 countries. The dependent variable in the model is the member of fists and the independent variable is tourism expenditures Cou Number of Incoming Tourist Tourism Expenditures deed milli hundredthod) dollars S 13 6 Sie 14 3 Pura 116 Poland 140 34 11 2 Hy JO 18 Lit 14 3 8 3 398 197 Swed 75 Spa 523 87 68 58 06 Fad 29 24 14 3 186 103 Cam 180 616 Using the data aborsi 1) Find the least squares estimates of the parameters using the matrix method 2) Write and interpret the model using the estimation results (ATTENTION TO THE UNITS) 3) Find and interpret the elasticity taking into account the averages Below is information about the model showing the relationship between tourisme expenditures (one hundred million S) and the mmber of tourists coming to the country deed heads in 2002 for 17 countries. The dependent variable in the model is the member of fists and the independent variable is tourism expenditures Cou Number of Incoming Tourist Tourism Expenditures deed milli hundredthod) dollars S 13 6 Sie 14 3 Pura 116 Poland 140 34 11 2 Hy JO 18 Lit 14 3 8 3 398 197 Swed 75 Spa 523 87 68 58 06 Fad 29 24 14 3 186 103 Cam 180 616 Using the data aborsi 1) Find the least squares estimates of the parameters using the matrix method 2) Write and interpret the model using the estimation results (ATTENTION TO THE UNITS) 3) Find and interpret the elasticity taking into account the averages