Question: Hi, Can you help me with the estimated demand function to forecast the demand for SF Bread, company and the interpretation of ALL coefficient estimates?

Hi,

Can you help me with the estimated demand function to forecast the demand for SF Bread, company and the interpretation of ALL coefficient estimates?

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.903092399
R Square 0.81557588
Adjusted R Square 0.786068021
Standard Error 15631.83704
Observations 30
ANOVA
df SS MS F Significance F
Regression 4 27015107558 6753776889 27.63927659 7.44276E-09
Residual 25 6108858229 244354329.2
Total 29 33123965787
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 131614.4445 74055.78904 1.777233707 0.087699772 -20906.30814 284135.197 -20906.30814 284135.197
Price (P) -16712.96228 4282.784148 -3.902359236 0.000636387 -25533.52134 -7892.40321 -25533.52134 -7892.40321
Competitor Price (Px) 16940.39581 3630.194899 4.666525154 8.8436E-05 9463.869461 24416.92216 9463.869461 24416.92216
Advertising (Ad) 0.17082099 0.096340319 1.773099703 0.088397565 -0.02759561 0.369237591 -0.02759561 0.369237591
Income (I) 8.582484853 1.063625112 8.069088215 2.00808E-08 6.39190793 10.77306178 6.39190793 10.77306178

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