Question: Calculate and explain Parameters and interpret the result by using any X value ? Years B t P t 2010 85.1 20.40 2011 87.8 20.20

Calculate and explain Parameters and interpret the result by using any X value?                                                                                                                                        

Years

Bt

Pt

2010

85.1

20.40

2011

87.8

20.20

2012

88.9

21.30

2013

94.5

19.90

2014

99.9

18.00


   






Where: Bt = the per capita consumption of beef in year t (in pounds per person)

      Pt = the price of beef in year t (in Rs. per pound)

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