Year

1994-1995
1995-1996
1996-1997
1997-1998
1998-1999
1999-2000
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
Average

Attendance
9,233,884
17,041,614
17,640,529
17,264,678
18,001,741
18,800,139
20,346,372
20,613,951
20,390,908
20,336,163
20,854,169
31,170,446
31,164,982
34,668,552
34,292,808
34,014,344
22,864,705

Avg. Ticket
Price
33.49
34.72
38.04
42.15
42.78
46.38
47.70
49.86
41.56
43.77
41.19
43.13
48.72
49.67
49.66
51.41
44.01

Fan Cost Disposable Income Inflation Rate
Index
(Billions)
%
195.79
5,457
2.81%
203.31
5,760
2.93%
219.26
6,075
2.34%
234.45
6,499
1.55%
238.91
6,803
2.19%
258.42
7,327
3.38%
264.81
7,649
2.83%
274.66
8,010
1.59%
240.43
8,378
2.27%
254.44
8,889
2.68%
247.32
9,277
3.39%
258.08
9,916
3.24%
282.94
10,424
2.85%
287.91
11,025
3.85%
299.43
10,789
-0.34%
311.40
11,180
1.64%
254.47
8,341
2.45%

Qd= -

Qd= -

Qd= -

Qd=
Quantity Demanded for NHL attendance:

990629532 0.907.52 (P) 178.92 14.353.36 - 620.71 (FCI) 14.241.242.16 .895. Ticket Price) + + ########### 50.0000337 Why elasticity has to be calculated at means? Shouldn’t it be one? + 2.907.859.92 .242.193957256 1.895.907.52 (P) + (FCI) 178.242.71 (254.47) + 2.895.52 (Avg. Ticket Price) 620.######## (P) Elasticity at means Avg ticket FCI Disp.36 - 620.36 - (Avg.14.353. Inc Infl Rate 1.859.997.86 0.

98) - (Inflation Rate) ####### (r ) ####### (0.02) .(Disposable Income) (I) - (8.340.

53738 -2764500.9257 0.36 Upper 95% 10610866.16 -1.47408 -352237.1796 -1260.188 -0.4347 1010301.7159 3.538E-05 9.407787 1.6 -14907895.98 -0.43 0.54 -0.74 0.7584 1642. Ticket Price Fan Cost Index Disposable Income (Billions) Inflation Rate Intercept Variable Name Avg.93 0.8758E+13 9E+12 8.5993 1010301.22 -0.74123 0.75 -0.03 0.75 -0.1 -0.9E+14 21.887598606 Adjusted R Square 0.0311 0.47 -0.18 1524015.723 10610866.4402 241299.91727 1642.16 -1.832437 2192213.41 1.4653 -0.47 0.0043 11594245.52 178859.43 -14907895.36 11594245.92 -31445.18 Starndard Standardized T-Ratio P-Value Correlation Error Coefficient 974226.22492 -40426657 -620242.SUMMARY OUTPUT Regression Statistics Multiple R 0.5225 974226.2858 0.29 0.64 0. Ticket Price Fan Cost Index Disposable Income (Billions) Inflation Rate Costant 4 11 15 SS MS F Significance F 7.361 0 .71 2353.2858 0.78619E+14 Coefficients Standard Error t Stat P-value Lower 95% -14907895.36 11594245.43321 0.22492 -40426657 Estimated Coefficient -620242.97573 -2255104.16 -1.5 178859.47 709957.397 0.846725372 Standard Error 2996331.79861E+14 1.85 2353.9979 -31445.6367 0.942124517 R Square 0.392 Observations 16 ANOVA df Regression Residual Total Intercept Avg.18 0.2608 5968.217 0.7052 241299.

832437 2192213.515 -352237.9 -2764500.18 1524015.9 Elasticity at Means -1.2608 5968.8504 -1260.723 10610866.593 -40426656.Lower 95.47 709957.0% -40426656.997897 -2255104.0% 10610866.18 .8603 -0.0035 -0.651 Upper 95.9826 0.1884 1.

.

Qd= - ########### - ######### (P) + ######### .

(FCI) + ####### (I) - ######## (r ) .

Sign up to vote on this title
UsefulNot useful