There is no statistically significant demand curve for this date. Please see below for model results.
Change
in Demand as Dependent |
|
Coefficient |
Std Error |
p value |
Constant |
0.78890 |
70.71940 |
0.99115 |
(Change in Demand)t-1 |
1.32270 |
0.13350 |
0.00000 |
(Change in Demand)t-2 |
-0.50080 |
0.12530 |
0.00026 |
(Change in Price) |
22.31440 |
22.21220 |
0.32084 |
(Change in Price)t-1 |
18.54980 |
22.48780 |
0.41410 |
(Change in Price)t-2 |
-28.48000 |
22.57240 |
0.21401 |
Adjusted R-squared: 0.8445 |
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Change in Price as
Dependent |
|
Coefficient |
Std Error |
p value |
Constant |
0.03549 |
0.48544 |
0.94200 |
(Change in Price)t-1 |
-0.12697 |
0.15438 |
0.41500 |
(Change in Price)t-2 |
-0.09282 |
0.15721 |
0.55800 |
(Change in Demand) |
0.00105 |
0.00105 |
0.32100 |
(Change in Demand)t-1 |
0.00045 |
0.00167 |
0.79000 |
(Change in Demand)t-2 |
-0.00030 |
0.00101 |
0.77100 |
Adjusted R-squared: 0.06366
Note that "t-1" and "t-2" are 1- and 2-period lags. |
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