Table 7 - 6

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Table 7.

6
Demand for Roses

YEAR = Year and Quarter


Y = Quantity of RosesSold, Dozens
X2 = Average WholesalePrice ofRoses, $Per Dozen
X3 = Average WholesalePrice ofCarnations, $ Per Dozen
X4 = Average Weekly Family Disposable Income, $ Per Week
X5 = Trend Variable Taking Values of 1, 2, and so on, for the Period
1971.3 to1975.3in the Detroit Metropolitan Area

YEAR Y X2 X3 X4 X5
1971.3 11484 2.26 3.49 158.11 1
1971.4 9348 2.54 2.85 173.36 2
1972.1 8429 3.07 4.06 165.26 3
1972.2 10079 2.91 3.64 172.92 4
1972.3 9240 2.73 3.21 178.46 5
1972.4 8862 2.77 3.66 198.62 6
1973.1 6216 3.59 3.76 186.28 7
1973.2 8253 3.23 3.49 188.98 8
1973.3 8038 2.6 3.13 180.49 9
1973.4 7476 2.89 3.2 183.33 10
1974.1 5911 3.77 3.65 181.87 11
1974.2 7950 3.64 3.6 185 12
1974.3 6134 2.82 2.94 184 13
1974.4 5868 2.96 3.12 188.2 14
1975.1 3160 4.24 3.58 175.67 15
1975.2 5872 3.69 3.53 188 16

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