Quarterly Demand for Roses in Metro Detroit Area, from 1971-III to 1975-II Source: I am indebted to Joe Walsh for collecting these data from a major wholesaler in the Detroit metropolitan area and subsequently processing them
1 | data('Table7_6')
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YEAR
Y: quantity of roses sold, dozens
X2: average wholesale price of roses, $/dozen
X3: average wholesale price of carnations, $/dozen
X4: average weekly family disposable income, $/week
X5: the trend variable taking values of 1, 2, and so on, for the period 1971–III to 1975–II in the Detroit metropolitan area
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