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CHAP4.Coke_data
Course: AEM 4150, Fall 2008School: Cornell
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1970 year 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Qcoke 24 26 26 28 28 28 31 33 34 35 35 35 35 37 39 41 43 44 46 46 47 47 47 48 49 51 52 53 54 54 53 53 53 52 52 52 Pcoke 0.61 0.64 0.66 0.67 0.83 1.03 0.99 1.04 1.13 1.23 1.38 1.52 1.56 1.60 1.63 1.64 1.65 1.69 1.69 1.73 1.79 1.80...
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1970 year 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
Qcoke 24 26 26 28 28 28 31 33 34 35 35 35 35 37 39 41 43 44 46 46 47 47 47 48 49 51 52 53 54 54 53 53 53 52 52 52
Pcoke 0.61 0.64 0.66 0.67 0.83 1.03 0.99 1.04 1.13 1.23 1.38 1.52 1.56 1.60 1.63 1.64 1.65 1.69 1.69 1.73 1.79 1.80 1.83 1.85 1.85 1.91 1.91 1.89 1.88 1.90 1.97 2.00 2.01 2.01 2.04 2.11 $ 1.5
Pjuice 1.29 1.34 1.43 1.44 1.50 1.62 1.65 1.99 2.11 2.31 2.47 2.83 2.96 2.97 3.25 3.41 3.24 3.38 3.79 3.91 4.31 4.08 4.27 4.04 4.06 4.20 4.45 4.55 4.62 4.83 4.95 5.09 5.12 5.26 5.15 5.11 $ 3.4
INCOME 3.6 3.9 4.1 4.6 5.0 5.5 6.0 6.5 7.2 8.0 8.8 9.8 10.4 11.1 12.3 13.0 13.6 14.2 15.3 16.3 17.1 17.6 18.5 18.9 19.6 20.3 21.1 21.9 23.2 24.0 25.5 26.2 27.2 28.1 29.6 30.6 $1000/person 15.2
CPI 0.39 0.41 0.42 0.44 0.49 0.54 0.57 0.61 0.65 0.73 0.82 0.91 0.97 1.00 1.04 1.08 1.10 1.14 1.18 1.24 1.31 1.36 1.40 1.45 1.48 1.52 1.57 1.61 1.63 1.67 1.72 1.77 1.80 1.84 1.89 ADVjuice 1.95
ADVcoke AGE2044 TREND 222 85 32 1 409 179 32 2 562 255 33 3 680 315 33 4 613 198 34 5 609 278 34 6 671 386 35 7 561 348 35 8 746 458 36 9 926 475 37 10 885 422 37 11 806 471 38 12 833 375 39 13 958 443 39 14 975 519 40 15 926 453 40 16 794 389 40 17 790 443 40 18 939 533 40 19 905 545 40 20 1036 558 40 21 981 514 40 22 924 485 40 23 617 379 40 24 738 471 39 25 1155 648 39 26 1165 702 38 27 846 458 38 28 764 422 38 29 1005 547 37 30 821 405 37 31 835 363 37 32 706 399 36 33 700 445 36 34 766 613 36 35 799 723 35 36 real mil$ 796 real mil$ 436 % 37.2
Unit Gal/person Mean value 42.0
1.2
18.5
Data for AEM4150 Chapter 4: Carbonated Soft-Drink Demand in the United States, 1970-2005 Source: Zheng and Kaiser 2008 Using this data, we will learn: 1. How to specify a demand model 2. Why we need to deflate price/monetary variable 3. How to run a regression using MS Excel Click Data sheet tab, select Tools|Data Analysis, select Regression in the Analysis Tools list box, and Click the OK button.
4. How to interpret econometric results
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Cornell - AEM - 4150
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