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Abstract

Excerpt from the paper: In studies of farm and non-farm firms involving more than one year in the analysis, the problem of obtaining an appropriate series of prices and yields for all enterprises is acute. This paper describes (1) a method of establishing a price, yield, and cost environment for projecting into the future the historical relation among as many crop and livestock enterprises as are desired and (2) a formula by which a second set of price, yield, and cost data may be obtained which deviates from the first set with a specified statistical precision.

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