Purpose
This assignment is intended to help you learn to do the following:
Review basic statistical concepts and econometric procedures and develop and analyze an estimated regression equation for demand.
Develop null and alternative hypotheses for each estimated coefficient of the demand equation.
Develop a t-test to test the statistical significance of an estimated parameter and determine the acceptance or rejection of the null and alternative hypotheses.
Develop an F-test to test the statistical significance of the estimated demand equation.
Interpret the results of the regression estimates.
Action Items
Review this modules readings and media.
Compose a document in which you:
Complete the Urgent Healthcare Clinic problem set download . You will also need the Urgent Healthcare Clinic Results spreadsheet download .
Show all the steps used to arrive at your answer for each of your answers.
Submit your work by the due date indicated.
Grading Criteria
You will be graded on accurate completion of all parts of the problem.