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Linear Functions: Y = a + bX

Linear Functions: Y = a + bX. ^. B t = 37.54*** - 0.88***P t + 11.89***Yd t se (10.0402) (0.1647) (1.7622) R 2 = 0.6580, N = 28, SER = 6.0806. Example 1 : Linear functional form. B t : The per capita consumption of beef in year t (in pounds per person)

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11 yd - PowerPoint PPT Presentation

Linear Functions: Y = a + bX