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Q: How do I estimate demand using MULTIPE REGRESSION in Microsoft Excel? Math &Econ ( No Answer,   0 Comments )
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Subject: How do I estimate demand using MULTIPE REGRESSION in Microsoft Excel? Math &Econ
Category: Business and Money > Economics
Asked by: kc_beltran-ga
List Price: $15.00
Posted: 19 Jun 2006 21:04 PDT
Expires: 19 Jun 2006 21:14 PDT
Question ID: 739539
I've already added the analysis tools. I've done a Regression for two
variables (one independent and one dependent). My textbook is
worthless. I have to come up with the equation to the Demand curve for
soda using multiple regression analysis. My data set has 5 columns.
The first is a list of the 48 contiguous states, the second is the
DEPENDENT VARIABLE (sales data for each state), the next three are the
INDEPENDENT VARIABLES (various other data: Mean Income, Mean Price,
Mean Temperature.). There are other parts to the problem that I'm not
worried about like interpreting the coefficients, and simple
regression. I NEED TO KNOW HOW TO DO THE MULTIPLE REGRESSION AND THEN
PUT THE DATA INTO AN EQUATION. Email me for a copy of the data set if
you need it: matt_66002@yahoo.com . Please put your answer into words
that I can understand as an MBA student, not studying for a doctorate
in Mathematics or Economics.
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