Estimation of Energy Demand Function Use the dataset “assignment-data” available on LMS. It has a data by year on US gasoline consumption (G), gasoline
Estimation of Energy Demand Function Use the dataset “assignment-data” available on LMS. It has a data by year on US gasoline consumption (G), gasoline prices (PG), per-capita income (Y), price of new cars (PNC), price of used cars (PUC), and population (POP). By using the data, perform the following tasks: