Question: USING EXCEL: Estimate Linear Demand function (include regression output) Week Week Ending Quantity Produced Variable Cost Price Total Sales 1 2020-06-13 3000 2366.08 2.79 2015

USING EXCEL: Estimate Linear Demand function (include regression output)

Week

Week Ending

Quantity Produced

Variable Cost

Price

Total Sales

1

2020-06-13

3000

2366.08

2.79

2015

2

2020-06-20

5000

3839.06

1.89

3796

3

2020-06-27

2500

1923.12

2.59

2300

4

2020-07-04

3500

2711.02

2.49

2376

5

2020-07-11

3500

2668.62

2.39

2928

6

2020-07-18

3250

2484.41

2.39

2279

7

2020-07-25

3250

2515.99

2.39

2661

8

2020-08-01

3000

2334.22

2.39

2664

9

2020-08-08

3850

3043.43

1.99

3391

10

2020-08-15

3000

2258.34

2.29

2883

11

2020-08-22

3750

2972.60

2.09

2863

12

2020-08-29

3000

2295.65

2.39

2901

13

2020-09-05

4700

3601.62

1.79

3471

14

2020-09-12

3000

2315.95

2.39

2325

15

2020-09-19

3000

2385.23

2.39

2559

16

2020-09-26

3610

2844.30

1.99

3512

17

2020-10-03

3250

2505.03

2.19

3122

18

2020-10-10

3000

2288.69

2.29

2695

19

2020-10-17

3500

2641.91

2.09

2672

20

2020-10-24

2950

2276.59

2.19

2729

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