John Swanson, president of Market Research Inc., has asked you to estimate the coefficients of the model where Y is the expected sales of office supplies for a large retail distributor of office...

John Swanson, president of Market Research Inc., has asked you to estimate the coefficients of the

model

where Y is the expected sales of office supplies for a large retail distributor of office supplies, X1 is

the total disposable income of residents within5 miles of the store, and X2 is the total number

of persons employed in information-based businesses within 5 miles of the store. Recent work by

a national consulting firm has concluded that the coefficients in the model must have the following

restriction:

Describe how you would estimate the model coefficients using least squares.