Weekly Demand Curve: 08/02/2018 to 14/02/2018

Please note that the data has been log-transformed for ease.

 

 

 

 

Change in Demand as Dependent
	Coefficient	Std Error	p value
Constant	-0.00005	0.00076	0.94694
(Change in Demand)t-1	1.12300	0.05339	0.00000
(Change in Demand)t-2	-0.30110	0.05226	0.00000
(Change in Price)	0.03396	0.01065	0.00156
(Change in Price)t-1	-0.00139	0.01080	0.89749
(Change in Price)t-2	0.00310	0.01082	0.77451
Adjusted R-squared:  0.8014
Change in Price as Dependent
	Coefficient	Std Error	p value
Constant	0.00042	0.00386	0.91265
(Change in Price)t-1	0.01842	0.05499	0.73784
(Change in Price)t-2	-0.02359	0.05508	0.66877
(Change in Demand)	0.88072	0.27610	0.00156
(Change in Demand)t-1	-0.02182	0.41588	0.95819
(Change in Demand)t-2	-0.09120	0.27915	0.74410
Adjusted R-squared:  0.09941