Excel/Regression question
Drink mix
| sales | ownprice | compprice | disp | dispad | ||||||
| 6439 | 0.66 | 0.82 | 1 | 0 | ||||||
| 3329 | 0.62 | 0.8 | 1 | 0 | variable | description | ||||
| 3415 | 0.62 | 0.77 | 0 | 0 | sales | sales in units | ||||
| 2909 | 0.62 | 0.66 | 0 | 0 | ownprice | price, in US $'s | ||||
| 2598 | 0.63 | 0.65 | 0 | 0 | compprice | price, in US $'s | ||||
| 3773 | 0.69 | 0.63 | 0 | 0 | disp | product featured on display | ||||
| 20383 | 0.63 | 0.65 | 0 | 1 | dispad | product featured on display and in weekly ad | ||||
| 11761 | 0.65 | 0.78 | 1 | 0 | ||||||
| 2614 | 0.77 | 0.62 | 1 | 0 | ||||||
| 2496 | 0.81 | 0.69 | 1 | 0 | ||||||
| 20811 | 0.68 | 0.85 | 0 | 1 | ||||||
| 8339 | 0.71 | 0.86 | 1 | 0 | ||||||
| 2793 | 0.84 | 0.86 | 1 | 0 | ||||||
| 2416 | 0.82 | 0.86 | 0 | 0 | ||||||
| 2837 | 0.84 | 0.86 | 0 | 0 | ||||||
| 2110 | 0.82 | 0.77 | 0 | 0 | ||||||
| 6422 | 0.78 | 0.82 | 1 | 0 | ||||||
| 4539 | 0.81 | 0.91 | 1 | 0 | ||||||
| 2493 | 0.89 | 0.91 | 0 | 0 | ||||||
| 2262 | 0.85 | 0.89 | 0 | 0 | ||||||
| 2145 | 0.85 | 0.89 | 0 | 0 | ||||||
| 11996 | 0.71 | 0.9 | 0 | 1 | ||||||
| 5847 | 0.78 | 0.92 | 1 | 0 | ||||||
| 2257 | 0.85 | 0.43 | 1 | 0 | ||||||
| 2461 | 0.87 | 0.82 | 0 | 0 | ||||||
| 2075 | 0.86 | 0.93 | 1 | 0 | ||||||
| 14044 | 0.77 | 0.9 | 0 | 1 | ||||||
| 4521 | 0.8 | 0.75 | 0 | 0 | ||||||
| 2052 | 0.85 | 0.76 | 0 | 0 | ||||||
| 1762 | 0.85 | 0.89 | 0 | 0 | ||||||
| 2375 | 0.87 | 0.91 | 0 | 0 | ||||||
| 3256 | 0.88 | 0.85 | 0 | 0 | ||||||
| 3280 | 0.83 | 0.78 | 0 | 0 | ||||||
| 27254 | 0.69 | 0.93 | 0 | 1 | ||||||
| 14129 | 0.69 | 0.92 | 1 | 0 | ||||||
| 2906 | 0.9 | 0.91 | 1 | 0 | ||||||
| 17630 | 0.69 | 0.68 | 0 | 1 | ||||||
| 9431 | 0.73 | 0.69 | 1 | 0 | ||||||
| 32820 | 0.61 | 0.73 | 0 | 1 | ||||||
| 12635 | 0.67 | 0.9 | 1 | 0 | ||||||
| 2509 | 0.89 | 0.91 | 1 | 0 | ||||||
| 2184 | 0.89 | 0.59 | 1 | 0 | ||||||
| 12485 | 0.7 | 0.65 | 0 | 1 | ||||||
| 6560 | 0.75 | 0.9 | 1 | 0 | ||||||
| 2647 | 0.92 | 0.91 | 1 | 0 | ||||||
| 2949 | 0.91 | 0.92 | 1 | 0 | ||||||
| 3016 | 0.91 | 0.91 | 1 | 0 | ||||||
| 2370 | 0.91 | 0.91 | 0 | 0 | ||||||
| 2006 | 0.91 | 0.76 | 0 | 0 | ||||||
| 2556 | 0.9 | 0.77 | 0 | 0 | ||||||
| 13808 | 0.69 | 0.76 | 0 | 1 | ||||||
| 6668 | 0.82 | 0.77 | 1 | 0 |
Example tables
| ECON 301 Managerial Economics Exam 1 | |||||
| Example Summary Statistics | |||||
| Variable | Description | Mean | Std Dev | Min | Max |
| Motel Occupancy Rate | % monthly rate | 0.56 | 0.02 | 0.53 | 0.60 |
| Room price | in US $'s | 76.00 | 4.65 | 67.45 | 83.90 |
| Competitor price | in US $'s | 75.64 | 14.44 | 39.20 | 83.90 |
| Income | in 000s of US $'s | 62.74 | 11.10 | 42.90 | 83.90 |
| District | % of sample | ||||
| Sherman Hill | 10% | ||||
| Downtown | 80% | ||||
| East Village | 10% | ||||
| Notes: Sample size is 534 for all variables. | |||||
| ECON 301 Managerial Economics Exam 1 | |||||
| Example Linear Regression Results | |||||
| Dependent Variable: Motel Occupancy Rate (%) | |||||
| Coefficient | Standard Error | t stat | p-value | ||
| Intercept | 50.174 | 7.847 | 6.394 | 0.000 | |
| Room price | 0.144 | 0.117 | 1.235 | 0.230 | |
| Competitor price | -0.083 | 0.041 | -2.007 | 0.058 | |
| Income | 0.026 | 0.064 | 0.404 | 0.690 | |
| Notes: Sample size is 534. |