Coefficient of Variation

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Scatter-plot of demand for coffee against price of coffee

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Scatter-plot of demand for coffee against price of coffee

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Demand for coffee = 161.567 + 4.458 (Price of coffee)

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Demand for coffee = 221.702 + 5.618 (Income)

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Demand for coffee = 532.482 – 1.948 (Price of coffee) + 6.464 (Income)

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