This question is a regression exercise. Please answer the question below using SPSS Statistics. Given the demand for sof
Posted: Wed Jul 06, 2022 6:20 am
This question is a regression exercise. Please answerthe question below using SPSS Statistics. Given the demand for softdrinks in various states in the US. The quantity demanded,price, income, and temperature are denoted as DD, PR, Y, and Trespectively. Estimate the demand function based on the followingdata:
DD
PR
Y
T
200
2.19
13
66
150
1.99
17
62
237
1.93
11
63
135
2.59
25
56
121
2.29
19
52
118
2.49
27
50
217
1.99
28
52
242
2.29
18
72
295
1.89
14
64
85
2.39
16
46
114
2.35
24
52
184
2.19
20
52
104
2.21
16
50
143
2.17
17
56
230
2.05
13
56
269
1.97
15
69
111
2.19
16
41
217
2.11
21
54
114
2.29
22
47
108
2.25
21
47
108
2.31
18
41
248
1.98
10
65
203
1.94
19
57
77
2.31
19
44
97
2.28
16
49
166
2.19
24
48
177
2.27
18
35
143
2.31
24
54
157
2.17
15
56
111
2.43
25
48
330
1.89
13
59
63
2.33
14
39
165
2.21
22
51
184
2.19
16
82
68
2.25
19
51
121
2.31
20
50
138
2.23
20
50
237
1.93
12
65
95
2.34
13
45
236
2.19
13
60
222
2.08
17
69
100
2.37
16
50
64
2.36
16
44
270
2.04
16
58
77
2.19
20
49
144
2.11
15
55
97
2.38
19
46
102
2.31
19
46
DD
PR
Y
T
200
2.19
13
66
150
1.99
17
62
237
1.93
11
63
135
2.59
25
56
121
2.29
19
52
118
2.49
27
50
217
1.99
28
52
242
2.29
18
72
295
1.89
14
64
85
2.39
16
46
114
2.35
24
52
184
2.19
20
52
104
2.21
16
50
143
2.17
17
56
230
2.05
13
56
269
1.97
15
69
111
2.19
16
41
217
2.11
21
54
114
2.29
22
47
108
2.25
21
47
108
2.31
18
41
248
1.98
10
65
203
1.94
19
57
77
2.31
19
44
97
2.28
16
49
166
2.19
24
48
177
2.27
18
35
143
2.31
24
54
157
2.17
15
56
111
2.43
25
48
330
1.89
13
59
63
2.33
14
39
165
2.21
22
51
184
2.19
16
82
68
2.25
19
51
121
2.31
20
50
138
2.23
20
50
237
1.93
12
65
95
2.34
13
45
236
2.19
13
60
222
2.08
17
69
100
2.37
16
50
64
2.36
16
44
270
2.04
16
58
77
2.19
20
49
144
2.11
15
55
97
2.38
19
46
102
2.31
19
46