The following table gives the quantity demanded of ice cream ( Q ic ) in kgs per
Question:
The following table gives the quantity demanded of ice cream (Qic) in kgs per year in Sardinia (Italy), its price (Pic) in $ per kg, consumers’ income (I) in $, the temperature (T) in Celsius, and the price of cappuccino (Pc) in $ per kg:
Year | Qic | Pic ($/kg) | I($) | T | Pc ($/kg) |
2000 | 72000 | 11 | 2000 | 20 | 14 |
2001 | 81000 | 10 | 2100 | 24 | 15 |
2002 | 90000 | 9 | 2200 | 25 | 15 |
2003 | 99000 | 7 | 2305 | 26 | 16 |
2004 | 108000 | 6 | 2407 | 30 | 17 |
2005 | 126000 | 4 | 2500 | 32 | 18 |
2006 | 117000 | 7 | 2610 | 26 | 16 |
2007 | 117000 | 8 | 2698 | 25 | 16 |
2008 | 135000 | 5 | 2801 | 31 | 18 |
2009 | 135000 | 5 | 2921 | 31 | 18 |
2010 | 144000 | 4 | 3000 | 34 | 20 |
2011 | 180000 | 2 | 3099 | 36 | 21 |
2012 | 162000 | 5 | 3201 | 33 | 19 |
2013 | 171000 | 4 | 3308 | 35 | 21 |
2014 | 153000 | 6 | 3397 | 30 | 18 |
2015 | 180000 | 3 | 3501 | 35 | 22 |
2016 | 171000 | 4 | 3689 | 33 | 20 |
2017 | 180000 | 3 | 3800 | 36 | 23 |
2018 | 198000 | 2 | 3896 | 36 | 25 |
2019 | 189000 | 4 | 3989 | 34 | 23 |
2020 | 175000 | 6 | 3600 | 30 | 18 |
Based on the data provided in the table:
Business Statistics in Practice
ISBN: 978-0077404741
6th edition
Authors: Bruce Bowerman, Richard O'Connell