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Analysis of the Data from 25 Mothers Indicates That an Infant's

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Analysis of the data from 25 mothers indicates that an infant's birth weight (g) , yy , can be estimated by a mother's weight (kg) ,x( \mathrm { kg } ) , x , using the regression equation y=31x+1501y = 31 x + 1501 . If a mother's weight is 70 kg70 \mathrm {~kg} , the infant's birth weight can be estimated as _____ g\mathrm { g } .

Identify and differentiate between inferior and normal goods based on the income elasticity of demand.
Analyze given demand and supply data to determine the elasticity of demand and supply within specific price ranges.
Comprehend the concept and calculation of cross elasticity of demand and its implications on the relationship between products.
Understand the effect of income changes on the demand for goods and services.

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