DEMANDESTIMATION:SoftDrinks Demand canbeestimated with experimentaldata, time-seriesdata,orcross-section data.In thiscase, cross-section data appearin the Excelfile.Softdrinkconsumptionincanspercapitaperyearisrelatedtosix-packprice,incomepercapita,andmeantemperature acrossthe48 contiguousstatesin the UnitedStates. QUESTIONS 1.      Giventhedata, pleaseconstructamultiplelinearregression program byMSExcel. 2.      Interpreteachcoefficient ofindependentvariableinthesoftdrinkdemandestimatedfunctioninquestion1. […]