Pricing Practices On the Peoria Hog Market

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Pricing Practices On the Peoria Hog Market
Emer Elwood Broadbent
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1. 09 1965] PRICING ON THE PEORIA HOG MARKET 23 Models Used to Evaluate Meatiness and Related Factors The specific models fitted were: V Y = A + MV + b 2 W 2 + b 3 L + Q g + C h + U, + Bj VI Y = A + bjW + B 2 W 2 + b 3 L VII Y = A + bxW + b 2 W 2 + b 3 L + Q g + C h + U, The coefficients of regression and selected other statistics are pre- sented in Appendix Table 5. Again the subscripts have the ranges indicated in the data classification with the base coefficient set at zero. The estimated co...efficients in the various equations are not necessarily the same, even though indicated by the same symbol.
Appendix Table 4. Average Price and Consist for Selected Selling Firms for Each Time Period Studied, Peoria Market, 1959-60 Weight class 180-190 190-200 200-210 210-220 220-230 230-240 240-250 250-260 260-270 Sept. 14-25. 1959 Seller 1 $ . 12. 72 13. 16 9. 59 13. 12 9. 82 13. 15 6. 59 13. 01 8. 38 13. 27 10. 00 12. 22 10. 98 12. 08 11. 54 12. 20 14. 40 12. 19 11. 45 12. 28 9. 76 13. 12 7. 48 13.


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